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Socialism is state (in some sense the public if it is also a democracy) owning the means of production. Capitalism is private ownership of the means of producti
by cmurf 9y ago
Socialism is state (in some sense the public if it is also a democracy) owning the means of production. Capitalism is private ownership of the means of production. Workers owning the means of production is syndicalism.
- lsc 9y agoI think I agree that you are more correct, especially as I specifically said 'workers' and not 'people' - syndicalism, as I understand it, is mostly about the workers in a particular industry (or factory) controlling said industry (or factory) however, it doesn't really change my point; Either way, socialism is about control of the means of production, and my point is that you can have a welfare state without changing the control of the means of production, as long as you have a means of significant taxation, which we have in place in the US already.
- Parcissons 9y agoCapitalism is the private companys becoming little states of nepotism. So capitalism always leads to distributed socialism.
- eeZah7Ux 9y agoWikipedia page on socialism: "Social ownership may refer to forms of public, collective or cooperative ownership, or to citizen ownership of equity."