3 ms·
Correct. East Germany had public capitalism. Surplus (profit) was disbursed to the government. Whereas the USA also has private capitalism. When surplus goes
by specialist 5y ago
Correct.
East Germany had public capitalism. Surplus (profit) was disbursed to the government.
Whereas the USA also has private capitalism. When surplus goes to private investors.
We also have public investment and private profit. Wags call it "socialism for corporations" and the like. Kleptocracy? Whatever we call it, it's not capitalism.