this post was submitted on 20 Aug 2023
        
      
      31 points (77.2% liked)
      Memes
    52986 readers
  
      
      1510 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 6 years ago
      
      MODERATORS
      
    you are viewing a single comment's thread
view the rest of the comments
    view the rest of the comments
 
          
          
Capitalism is where everything is owned by an individual
Socialism is where only the means of production are owned by the state, but the individual still has private properties
Communism is where everything is owned by the state
This is not correct, I encourage you to do some more reading about how coats are made if you'd like to understand this better.
best way I've seen to tell someone to read capital lmao
:che-smile: