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Capitalism was a response to feudalism, and gave a small group of traders some space to accumulate wealth.

It was never designed to benefit the masses, and because of that, it was never going to do it by accident.
This is precisely why and how socialism was theorised.
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Prison1203 · 61-69, M
Name one place where true socialism has worked
Ferise1 · 46-50, M
@Prison1203 Scandinavia
Prison1203 · 61-69, M
@Ferise1 it’s not true socialism
No, Scandinavian countries (Denmark, Norway, Sweden) are not socialist; they operate mixed-market capitalist economies with robust free markets, private ownership, and high economic freedom, funded by high taxes to support extensive welfare states, which is often called the "Nordic Model," not socialism. While they have generous social programs like universal healthcare and education, the government doesn't own most businesses; instead, they blend capitalism with social welfare, a system that differs significantly from traditional socialist planned economies.
Ferise1 · 46-50, M
@Prison1203 yes heart taxes and benefits for the people America considers that socialism
Prison1203 · 61-69, M
@Ferise1 I guess you missed the part about capitalism
Ferise1 · 46-50, M
@Prison1203 I guess you missed the part about socialism
Prison1203 · 61-69, M
@Ferise1 as I said , it’s not true socialism, yet you think it is
Ferise1 · 46-50, M
@Prison1203 Americans considered socialism that’s good enough for me
Prison1203 · 61-69, M
@Ferise1 socialism on its own has failed every time, that’s facts which are good enough for me and America is not a socialist country and never will be . Do we have some socialist things, yes but not totally socialist
Ferise1 · 46-50, M
VisionQuest · 51-55, M
@Prison1203 Name one place where capitalism has worked for the masses.
Prison1203 · 61-69, M
@VisionQuest as soon as youtell me where socialism has ever worked period , I see how you changed the topic to suit your needs