this post was submitted on 23 Feb 2024
1249 points (89.4% liked)
Memes
45726 readers
993 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yeah, of course I have.
In particular, I've noticed how the pro-capitalist people don't seem to realize that we're not living in a pure capitalist system. Instead we're living in a mixed economy where key elements are socialist: road building, firefighting, postal services, food and drug safety testing, old age pensions, even ambulances (except for one minor exception).
A 100% socialist (a.k.a. communist) system might not be possible (at least not yet) due to human nature. The few times that it has been tried, at least in theory, it has quickly become an authoritarian system instead. But, AFAIK, it's so obvious that 100% capitalist would fail completely that no society has even bothered to try it. Hundreds of years ago there were brief experiments with things like capitalist fire services, and Pinkertons as police, but they failed so spectacularly that nobody even thinks of going back.
So, instead we quibble about "capitalist" vs "socialist" when we're really just arguing about whether the mix should be 80% capitalist, 20% socialist or 60% capitalist, 40% socialist.
This is a fundamental misunderstanding of what socialism and capitalism are. Simplified it's who owns the means of production, that is basically the "capital" in the name "capitalism", in socialism these means of production have a shared ownership. Now you can have a discussion of what that means, if state ownership counts or whatever but as long as individuals own the means of production it's not socialism no matter how much you tax them(it would still be an improvement to tax them more it's just not socialism)
Is the US socialist because nVidia is a public company, therefore the shares are owned by the public? Is it a socialist country because most workers have 401(k) plans containing index funds, so they own a tiny portion of every major company? The ownership of the company is shared, so it must be socialism, right? I'd say no, because it's not shared evenly.
What if a single individual owns a single "mean" of production, but everything else is owned by the state, is that whole system capitalist? To me, it's clearly not. You could argue that it's mixed, but I'd say if it's 99.9% not capitalist, it's not capitalist.
Modern economies are mixes of socialism and capitalism. The people (through the government) own certain things, and individuals own other things.
How did you mess up this badly? A "public company" [sic, the correct term is "publicly traded company"] is a regular private company where the owners are hundreds or even thousands of individuals. A publicly owned company is one where every single citizen owns the company simply by being alive or every single worker owns the company simply by working there.
I don't even understand what you mean by this...
No, they're not, and this shows a very serious hole in your knowledge of economic and social systems. While, informally, it's sometimes said to be the case, that's strictly an oversimplification to communicate a different idea. Countries like the US simply use a government-assisted capitalist model. Places like the Nordic countries have a more transitional system, but are ultimately still just capitalist.
Of course they are. How can you be so confused. Countries like the US are a mix of socialist and capitalist systems. Some things are owned and run by the government (socialism), other things are owned and run by private individuals (capitalism). No society has ever worked where it was 100% socialist or 100% capitalist.
Are you illiterate? I specifically pointed to why that's not the case...
Are you dumb? I specifically pointed out how you're wrong.
You couldn't specify your breakfast if you were in the middle of eating it. Grow up.
Ah, so you can't find a flaw in my argument, instead you tell me to "grow up", as if you're an adult and I'm not. It's pretty clear you have no idea what you're talking about since you can't argue your point.