In your own words, they are economic systems. What do you call a system built on Capitalism, but with a slightly larger welfare net? Socialism? No, you call it Capitalism.
You’re calling me brainwashed for correctly pointing out that Capitalism is Capitalism, even if you dress it up nicely?
Believe me, I’m not conflating Capitalism with markets. Capitalism is a specific form of market economy by which individual Capitalists buy and sell Means of Production, or Capital, by which they can pay Workers to use and create commodities via wage labor.
Examples of Socialist market economies include Market Socialism, a form of Socialism built on competing worker-owned co-operatives.
Examples of Socialist Market Economies do not include Capitalist Social Democracies, because the primary defining feature of Social Democracies is Capitalism with generous social safety nets, a kind of “human-centric” Capitalism.
You on the other hand are making the misconception that Socialism is simply when the government does stuff. You’re wrong, of course, as countless people here have pointed put.
Capitalism with regulation is still Capitalism. Socialism is when Workers share ownership of the Means of Production, simple as.
I did define Capitalism, it’s a market based system by which Capitalists buy and sell Capital and Pay Workers wages to produce commodities.
I honestly almost suffocated. I laughed so hard I could barely breath, exactly like Risitas.
You seriously think you’ve “defined capitalism”? And to think you’re doing it in the exact way that shows I’m correct in that you’ve conflated capitalism with market economies? :DDD I can’t fucking believe this.
I’d like to keep pointing out how ridiculous this is, but I think you’re like a 14-year old yank or something and I don’t want to be that mean to kids.
Capitalism is defined by private ownership of industries and especially FOR PROFIT. (In case you were unaware, that’s what the “capital” in “capitalism” means.) FOR PROFIT*. That’s the main thing. Putting profit above everything, and being owned privately. The definition has nothing to do with “trading commodities and paying workers”. I… honestly I’m just slightly in loss of words at your stupidity.
Here in Finland our railroads aren’t private. Hell, there’s not even one single privately owned liquor store in the country. We still use market economies. Which means you are allowed to sell your time to an employer who has a private business, in exchange for money. Unlike the US though, we don’t even have a minimum wage set in the law. Why? Because our trade unions are so strong that there is a de facto minimum wage in all industries, so a de jure one isn’t even needed.
https://en.m.wikipedia.org/wiki/Social_democracy
Social democracy is a political, social, and economic philosophy within socialism[1]
[1] Eatwell & Wright 1999, pp. 80–103; Newman 2005, p. 5; Heywood 2007, pp. 101, 134–136, 139; Ypi 2018; Watson 2019.
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Today I learned that Socialism is when you do Capitalism in a nice way.
Oh wait, no I didn’t, because Capitalism and Socialism are completely different modes of Production.
No, they’re not.
They’re economic systems, not modes of production.
Today, you’re still refusing to accept reality.
It’s right there before your eyes. You’re too brainwashed to see it.
In your own words, they are economic systems. What do you call a system built on Capitalism, but with a slightly larger welfare net? Socialism? No, you call it Capitalism.
You’re calling me brainwashed for correctly pointing out that Capitalism is Capitalism, even if you dress it up nicely?
Removed by mod
Believe me, I’m not conflating Capitalism with markets. Capitalism is a specific form of market economy by which individual Capitalists buy and sell Means of Production, or Capital, by which they can pay Workers to use and create commodities via wage labor.
Examples of Socialist market economies include Market Socialism, a form of Socialism built on competing worker-owned co-operatives.
Examples of Socialist Market Economies do not include Capitalist Social Democracies, because the primary defining feature of Social Democracies is Capitalism with generous social safety nets, a kind of “human-centric” Capitalism.
You on the other hand are making the misconception that Socialism is simply when the government does stuff. You’re wrong, of course, as countless people here have pointed put.
Capitalism with regulation is still Capitalism. Socialism is when Workers share ownership of the Means of Production, simple as.
Removed by mod
I did define Capitalism, it’s a market based system by which Capitalists buy and sell Capital and Pay Workers wages to produce commodities.
Please read any Socialist literature, you’ve gotten completely twisted into thinking Socialism is a nice form of Capitalism.
I honestly almost suffocated. I laughed so hard I could barely breath, exactly like Risitas.
You seriously think you’ve “defined capitalism”? And to think you’re doing it in the exact way that shows I’m correct in that you’ve conflated capitalism with market economies? :DDD I can’t fucking believe this.
I’d like to keep pointing out how ridiculous this is, but I think you’re like a 14-year old yank or something and I don’t want to be that mean to kids.
Capitalism is defined by private ownership of industries and especially FOR PROFIT. (In case you were unaware, that’s what the “capital” in “capitalism” means.) FOR PROFIT*. That’s the main thing. Putting profit above everything, and being owned privately. The definition has nothing to do with “trading commodities and paying workers”. I… honestly I’m just slightly in loss of words at your stupidity.
Here in Finland our railroads aren’t private. Hell, there’s not even one single privately owned liquor store in the country. We still use market economies. Which means you are allowed to sell your time to an employer who has a private business, in exchange for money. Unlike the US though, we don’t even have a minimum wage set in the law. Why? Because our trade unions are so strong that there is a de facto minimum wage in all industries, so a de jure one isn’t even needed.