Are you a capitalist or a socialist? What matters most to you, profits or your family?
When answering don't forget capitalism is a relatively new venture on behalf of humankind don't get caught up in the short history of the idea..
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Abstraction · 61-69, M
Socialism is a more recent venture, and has largely failed. Capitalism has more recently led to massive wealth inequality. I'm neither of these, really.
I'm closer to social democracy - which confused Americans call socialism. It's not at all. Socialism is government control of the means of production. 9 of the 10 most highly developed countries in the world (as measured on the Human Development Index) are social democracies. The US isn't in the top 10 any more.
The other worthwhile indicator is of social mobility - how easy is it for someone in a country born in a poor family to make good. Again, almost all the countries that rank in the top 20 are social democracies.
I'm closer to social democracy - which confused Americans call socialism. It's not at all. Socialism is government control of the means of production. 9 of the 10 most highly developed countries in the world (as measured on the Human Development Index) are social democracies. The US isn't in the top 10 any more.
The other worthwhile indicator is of social mobility - how easy is it for someone in a country born in a poor family to make good. Again, almost all the countries that rank in the top 20 are social democracies.