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You kinda got a response already, but: Socialism was born from the belief that democratic forms of government aren't possible so long as there is wealth inequa
by ep103 9y ago
You kinda got a response already, but:
Socialism was born from the belief that democratic forms of government aren't possible so long as there is wealth inequality, as the rich will simply hijack the government to serve their interests. Socialism, then, is a large bucket of political beliefs all concerned with different methods by which to keep a vibrant economy, while ensuring that all people are relatively equal, or at least equal enough monetarily that the government can be truly democratic, for some definition of democracy.
Communism was born of the belief that the previous type of society was not possible to achieve without an organized group taking the reigns and instituting such a society. But of course, people rarely step down from power once achieving it, so instead you usually wound up with small groups of people dictatorially running countries and doing as they pleased, in the name of 'socialism.'
Free market ideology is born of the belief that decentralized economic planning is a way of bringing enlightenment thinking to economic matters, and, more simply put, that thousands or millions of people making small economic decisions will ultimately be more efficient, fair, and rewarding for society as a whole than small groups of people attempting to make such decisions for everyone on their behalf, from far away (literally, or metaphorically).
In this analogy, the author is implying that capitalism is similar to free markets, as communists are to socialism. A small group of people, who acting in the name of the previous ideology, ultimately come to concentrate power among themselves at the expense of everyone else. These people paying lip service to the original ideology they were supposed to be a part of, while actively acting against it and ensuring it does not exist for the wider population.