Capitalism

[dblack]

Marx saw socialism as a transitional social state between the overthrow of capitalism and the realization of communism.

Socialism advocates the means of production, distribution, and exchange should be owned or regulated by the community as a whole.

Collective ownership can involve government or not.

True. But that's not really what socialists are after, is it? They can do collective ownership now, under the current form of government. The employee-owned company is already a thing. Why does anything need to change?

 

[pknopp]

Obviously you didn't have money in the bank and let them collapse, no knowledge of economics there !!!!!! How you think a nation would survive without bailing the banks out in the economic collapse that you spanners created, is anyone's guess.
Portugal is probably one of the very very few nations that have socialism. What you wrote there, could you please explain Portugal's Economic Adjustment Programme

So you like everyone else isn't going to answer my question.


Bailing out a failed business has nothing to do with capitalism so like I said, capitalism is just a theory that isn't actually practiced.

 

[Soupnazi630]

So you like everyone else isn't going to answer my question.


Bailing out a failed business has nothing to do with capitalism so like I said, capitalism is just a theory that isn't actually practiced.

It is practiced. Practiced succesfully

Communism is practiced and succesfully. Which means we have livable capitalist nations and communist dystopian nightmare nations

 

[dblack]

So you like everyone else isn't going to answer my question.


Bailing out a failed business has nothing to do with capitalism so like I said, capitalism is just a theory that isn't actually practiced.

So what?