> Biden’s secretary of transportation, Pete Buttigieg, has argued that this kind of socialist experiment would be unacceptable — even to stop babies from starving to death. “Let’s be very clear,” Buttigieg told CBS, “This is a capitalist country. The government does not make baby formula, nor should it. Companies make baby formula.”
(For the record, "Socialism" would not fix the US's bridge or baby formula woes because they are both the results of decades of neglect and bad policy that can't be undone in a year.)
Singapore would disagree that government manufacture of baby formula represents socialism. The government can do what it wants without impairing the market. Where socialism comes in is when the government intervenes to protect its baby formula industry, by barring competitors from participating in the market or by subsidizing its own formula manufacture with tax revenues.
It isn't, my comment is a jab on US politics and discourse; though neoliberalism and "minarchism" has corroded the existing infrastructure through "austerity" (money redirection towards forever wars and imperialism) and red-scare tactics.