It is not socialism. It is literally capitalism. Socialism is a form of government. It is true that the costs of higher energy are being spread across society and therefore socialized, but that is not the same as socialism.
If you are looking for the truest -ism that this would be, it would be the original Mussolini definition of fascism as the merger of state and government, that is now closer to what we would call corporatism.
Technically it’s socialism - the population is subsidising the datacenters. It’s only capitalism when it comes to getting paid
It is not socialism. It is literally capitalism. Socialism is a form of government. It is true that the costs of higher energy are being spread across society and therefore socialized, but that is not the same as socialism.
If you are looking for the truest -ism that this would be, it would be the original Mussolini definition of fascism as the merger of state and government, that is now closer to what we would call corporatism.
Please provide your definition of socialism.