cm0002@lemmy.world to memes@lemmy.world · 2 years agoBut "socialism" is a scary wordslrpnk.netimagemessage-square107fedilinkarrow-up1817arrow-down163
arrow-up1754arrow-down1imageBut "socialism" is a scary wordslrpnk.netcm0002@lemmy.world to memes@lemmy.world · 2 years agomessage-square107fedilink
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up10·2 years agoCapitalism is private control over the factors of production. So you can for example have a socialist society in which the factors of production are owned by the community, but there’s still markets and commerce.
minus-squaregerbler@lemmy.worldlinkfedilinkarrow-up5·2 years agoOne hurdle we have to deal with is the assumption by the general public that markets = capitalism. You tell people capitalism has failed them and they worry that you mean to take away their ability to buy a latte.
Capitalism is private control over the factors of production. So you can for example have a socialist society in which the factors of production are owned by the community, but there’s still markets and commerce.
One hurdle we have to deal with is the assumption by the general public that markets = capitalism.
You tell people capitalism has failed them and they worry that you mean to take away their ability to buy a latte.