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| Topic | Explain the difference between capitalism and socialism... |
| Yellow 04/11/20 12:34:54 AM #2: | I'm going to make a confession, I don't actually know the meaning of socialism. To be fair, the "Socialist" that just ran for president didn't either, because socialism is "a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole." So socialism is worker owned corporations, capitalism is the lack of that system and just privately owned corporations. Logically I have a hard time denying that sounds like a good idea, but I know it's never ended well. I'd have to ask my brother, he knows more about politics geography and history than me or anyone I've ever met. --- ... Copied to Clipboard! |
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