4 ms·
First define capitalism and socialism. I would argue an attempt to do this methodically and holistically in the context of how modern governments actually run q
by anm89 4y ago
First define capitalism and socialism. I would argue an attempt to do this methodically and holistically in the context of how modern governments actually run quickly shows that this is just a broken and useless paradigm for thinking about the world.
So the people who argue about this stuff are the ones who want to play team sports political arguing because the underlying concept is worse than useless.
For example, there is not a single truly capatilist, socialist, or communist country in the world. In fact just try to define what that would even look like and it's almost immediately apparent that the question itself makes no sense because it hinges on definitions of words with no meanings.
Every economy in the world has elements of capitalism and socialism. Including North Korea. But in almost every case besides North Korea, there is not really a meaningful distinction at all. Some policies feel more socialistic or capitalistic but they are just attributes of individual policy decisions on a spectrum
At least in a command economy like North Korea you can try to come up with a definition of what communism or socialism means in practice but the day to day reality is those systems would implode immediately without global trade denominated in international currencies. Also its worth noting that it's not a coincidence that the only country that tries to violate this paradigm is a semi failed state
The US has a stock market and mega corporations but also social security and food stamps. So which one are we? Like everywhere else , the question is meaningless and there is no answer
- kwere 4y agoNorth Korea has a class of Entrepreneurs, companies are state owned in nature, but can be rented for "private purposes" after them reach mandated quotas[0]. [0] https://www.goisc.org/englishblog/2015/09/30/red-hat-entrepreneurs-in-north-korea https://www.goisc.org/englishblog/2015/09/30/red-hat-entrepr...