Many socialists too would say, that real socialism has never been tried. But the issue seems to be more about centralization rather than capitalism vs socialism. I think there's an inherent trait in ...
I agree with your take, yet I also think that these things are implemented in degrees, where each choice leads societies closer to socialism or to capitalism.
Quick example: capitalism rests on the free market principle where prices are free to move wherever demand and supply bring them to. This is not currently happening with the most important price: interest rates are determined by the central banks. We can conclude that in this respect we're not closer to capitalism.
I wanted to propose this example since too often we hear that "X has not been really tried" and it seems like a mischaracterization of how complex systems work.
Quick example: capitalism rests on the free market principle where prices are free to move wherever demand and supply bring them to. This is not currently happening with the most important price: interest rates are determined by the central banks. We can conclude that in this respect we're not closer to capitalism.
I wanted to propose this example since too often we hear that "X has not been really tried" and it seems like a mischaracterization of how complex systems work.