2 ms·
The author is an economist. They coarsely distinguish between command economies on one side, market economies on the other. Socialism and communism may mean dif
by stickfigure 7y ago
The author is an economist. They coarsely distinguish between command economies on one side, market economies on the other. Socialism and communism may mean different things to different people, but the terms are generally considered to oppose markets and the closely related concept of private property.