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That’s Social Democracy which is just capitalism.
by skinnymuch 3y ago
That’s Social Democracy which is just capitalism.
- nielsbot 3y agoSurely "capitalism" and "socialism" aren't binary choices. You can have well-regulated capitalism where excess profits are channeled to help those who would otherwise be left to fend for themselves due to "not winning at capitalism"
- skinnymuch 3y agoThat’s just capitalism. Capitalism was never ever without any regulation. Sure technically most things are hybrids, but to act like what almost the entire world isn’t mainly capitalist is incorrect. Also they are sort of binary. The means of production are in the hands of the workers in socialism and in the hands of the bourgeoisie in capitalism.