this post was submitted on 20 Aug 2023
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[–] Honytawk@lemmy.zip 0 points 2 years ago (2 children)

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

[–] MF_COOM@hexbear.net 1 points 2 years ago
[–] spectre@hexbear.net 1 points 2 years ago* (last edited 2 years ago) (1 children)

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.

[–] Clever_Clover@hexbear.net 1 points 2 years ago

best way I've seen to tell someone to read capital lmao