Government bailouts the same as socialism?

I haven't put an incredible amount of thought into this, but I'd like to consider how government bailouts on a federal level are basically another term for socialism. In a free market society where things either sink or swim on their own, you have to decide the levels of supply and demand and provide goods and services that people are willing to either save up their money to purchase at a later time, or spend their money in that moment to buy. The point is, people's wants and needs in a relatively afforded society give them the ability to manage their money and be responsible for what they want to purchase or not purchase and what they can pay for. They're not going to get in over their heads.

Unfortunately, corporate America has begun a spiraling process since the 1970's of thinking bigger, spending bigger, and producing bigger than what can really be afforded. Some things in history are interesting and understandable perhaps. Take for instance the bailouts of our national railway in the 70's. Airlines were just beginning to really take off and business nearly collapsed for supply and demand. However, national railways are somewhat of a connecting point for the nation and so the government chose to bail out the railway But when you get to the place where you're bailing out the car industry just to save jobs when there isn't a demand for cars, what's happening? This is beginning to look a lot like socialism. Not sure I like it or agree.

http://www.thetakeaway.org/stories/2008/sep/17/the-long-history-of-federal-and-corporate-bailouts/