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> You mean to say that Western and Central Europe don't exist? I would say they are all capitalist countries. I cannot think of any European country after 1990
by aivisol 7y ago
> You mean to say that Western and Central Europe don't exist?
I would say they are all capitalist countries. I cannot think of any European country after 1990 which prohibits private enterprise.
What you are referring to is still a capitalism, each with their own different taxation, social security and welfare system. You can argue which works better, which not. It is not that it does not exist in US at all, it is probably less developed or is just different. And European countries also differ between themselves, by large degree. But that is not socialism, it is still capitalism.
- notacoward 7y agoLooks like another example of Schrödinger's Capitalism. Western Europe is capitalist whenever anyone praises it, socialist whenever anyone criticizes. In point of fact very few people want to abolish private enterprise. The "socialism" they want is of a very moderate form, setting limits on a free market which is still the dominant form of economic activity. The "100% laissez faire or Stalinism" false dichotomy never does these debates any good.