Socialism enables authoritarism (Trump would love it) and is generally a flawed system. I’m from a socialist country. Well, it used to be. Balanced capitalism is way better than a socialist state - trust me. Just look at developed EU countries and Scandinavia. It’s a good mix between socialism and capitalism, not pure system of one or another. Pure socialism or communism has never worked and will never work, this is something people with lack of knowledge and experience thinks. Humans just don’t work like that. Studies have shown that it can work up to few hundred people, meaning small communities, but not countries.
It has always felt funny to me how people who lived in socialism prefers capitalism and people who lived in late-stage-capitalism prefers socialism. The doomed cycle, history sure loves irony.
The only thing I can recommend to you is don’t take example of capitalism from USA. It is not a balanced system. It’s broken and has been broken for quite some time
Socialism enables authoritarism (Trump would love it) and is generally a flawed system. I’m from a socialist country. Well, it used to be. Balanced capitalism is way better than a socialist state - trust me. Just look at developed EU countries and Scandinavia. It’s a good mix between socialism and capitalism, not pure system of one or another. Pure socialism or communism has never worked and will never work, this is something people with lack of knowledge and experience thinks. Humans just don’t work like that. Studies have shown that it can work up to few hundred people, meaning small communities, but not countries.
https://www.hoover.org/research/false-appeal-socialism
It has always felt funny to me how people who lived in socialism prefers capitalism and people who lived in late-stage-capitalism prefers socialism. The doomed cycle, history sure loves irony.
The only thing I can recommend to you is don’t take example of capitalism from USA. It is not a balanced system. It’s broken and has been broken for quite some time