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In that case, we’re not in a capitalist system at all, but a capitalist-socialist hybrid. Arguably, we’ve been in the hybrid since the New Deal, and it seems to
by gjsman-1000 2y ago
In that case, we’re not in a capitalist system at all, but a capitalist-socialist hybrid. Arguably, we’ve been in the hybrid since the New Deal, and it seems to have inherited the same socialism issues China is also grappling with.
- vasco 2y agoSocial democracy is the term that is usually used.