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Communism and socialism are two very different things. I'm not sure most Americans appreciate how different the are, and tend to conflate the two. Communism it
by bruce511 4y ago
Communism and socialism are two very different things. I'm not sure most Americans appreciate how different the are, and tend to conflate the two.
Communism itself has many flavors, and while soviet communism failed (arguably because it was just tsarism with a different tsar), Chinese communism is still very much a working model and a very successful one (for some definitions of success.)
Democratic socialism is also well represented today, with some stand-out performers in Europe.
As with all social systems, capitalism included, there are pros and cons, haves and have-nots. Some systems promote equality, some promote huge winners and losers. Naturally US businesses tend to model the national system (the only thing that matters is money) which typically makes them poor places to work.
But companies don't have to follow the national model - there are plenty of exploitive companies in Europe, and more than a few humane companies in the US.
- mutatio 4y agoThe Chinese economic model is very much capitalist, so yes, capitalism is very much a working model. During the Cultural Revolution, China tried to become "more communist" economically, with predictably bad outcomes.
- ModernMech 4y agoFunny how when China is being demonized it's "Communist China", but when China is doing something well its "Capitalist China".