I learned that “capitalism” is an economic system, not a system of government.
So you could have a socialist state that funds essentials like healthcare and transportation through taxes with a market (capitalist) economy.
I learned that “capitalism” is an economic system, not a system of government.
So you could have a socialist state that funds essentials like healthcare and transportation through taxes with a market (capitalist) economy.
So I understand total capitalism as an entirely market driven economy with no government influence
And total communism as an entirely planned and government prescribed economy
And socialism as some of the economy is market driven and some government planned.
I may be wrong, but I don’t see socialism and capitalism as hard opposites.
I see capitalism and communism are like hard opposites with socialism somewhere in between.
Yeah but capitalism also made reddit great, before making it terrible.
There’s a balance in there somewhere. What we got ain’t it tho.
I meant the platform more than the company.
It’s my favorite format for social media… that’s why I’m on lemmy.