3 ms·
Observing the debate in the US from the outside, I believe the term "socialism" has to die. It's carrying so much baggage it's a major reasons the US cannot hav
by pintxo 4y ago
Observing the debate in the US from the outside, I believe the term "socialism" has to die. It's carrying so much baggage it's a major reasons the US cannot have a sensible debate over what alternatives there are to full-blown free-market capitalism.
While also somewhat contested in Germany, and not free of (some) valid criticism, I would advocate to try and use the term "Social market economy" [1].
[1] https://en.wikipedia.org/wiki/Social_market_economy https://en.wikipedia.org/wiki/Social_market_economy
- mike_hock 4y ago> full-blown free-market capitalism Well, full-blown free-market capitalism would be one alternative to the current US system, albeit probably not the best.