These sentiments have been echoed since time immemorial.In political discourse, the phrase "privatizing profits and socializing losses" refers to any instance of speculators benefitting (privately) from profits, but not taking losses, by pushing the losses onto society at large, particularly via the government.
"I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the Bank. ... You are a den of vipers and thieves." —Andrew Jackson, 1834, on closing the Second Bank of the United States;
But more to my point, I don't think the democratic socialists in Europe believe in a complete obliteration of the bourgeoisie.