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FreeSpirit1 · F
No , we have some socialist type programs in the USA but we are still mainly capitalists
Socialism to me is no private enterprise and the state owns or controls all means of production
Socialism to me is no private enterprise and the state owns or controls all means of production
JimboSaturn · 56-60, M
@FreeSpirit1 That's communism.
FreeSpirit1 · F
@JimboSaturn communism follows socialism for sure, and for the record....
socialism is an economic and political system where all means of production are owned and controlled collectively or by the state, with the aim of eliminating private property and ensuring that goods and services are distributed based on need rather than profit. In this system, the government typically makes all decisions regarding production and distribution to promote equality and meet the basic needs of the population.
JimboSaturn · 56-60, M
@FreeSpirit1 Where did you get that definition, because it's incorrect. Socialist countries all over the world have free markets and private enterprise. That IS NOT the definition of socialism.
JimboSaturn · 56-60, M
@FreeSpirit1 https://en.wikipedia.org/wiki/Socialism