3 ms·
Your definition an d his are the same. Private ownership of resources or capital = I can freely trade my stuff with others for other stuff.
by HDThoreaun 3y ago
Your definition an d his are the same. Private ownership of resources or capital = I can freely trade my stuff with others for other stuff.
- deciplex 3y agoThere is a distinction drawn in the definition between capital goods and goods in general. This is the classic "can you own a toothbrush in a communist country" argument and the answer is, as it always has been, of course yes.
- NoMoreNicksLeft 3y agoIf you can find a toothbrush. And if your neighbors don't turn you in to the secret police for toothbrush hoarding. Most people just stay on the waiting list for years.
- nielsbot 3y agoYou can have aspects of socialism and capitalism in a single system. These all-or-nothing examples are naive or disingenuous.