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m4dire0701 · 1w
The terms capitalism and socialism are worn out relics of nineteenth century ideology. Both depend on centralization and political management. Capitalism, as it exists today, is not voluntary free ex...
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ChadXMR @ChadXMR
To me

Capitalism = free markets and private property

Socialism = centrally planned economy and common property

Todays western systems would in this regard best be described as "corporatism" where state and corporations are intertwined in governing
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Vikingarna1990 · 1w
Incorrect. Corporatism has nothing to do with the big corporations of today. Corporatism was a guild system where different branches of industry, farmers, craftsmen and other similar trades formed guilds/corporatives to best organize society. You are correct about capitalism. You are incorrect...
Luciano Barak · 1w
Yes, that's exactly it, the pseudo "Democracy" model has become a true cooperative system. The government produces nothing, and the large producers, while remaining closer to a monopoly without actually being one, use the government, invest in both sides, and have support from both sides. In this ca...