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this post was submitted on 20 Aug 2023
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Capitalism is not "when you have markets." I totally agree that it's important to have well regulated markets. But capitalism perverts democracy with bribery and lobbying. Democratic Socialism is when you have a democratic government and a democratic economy.
There's only one kind of democratic economy and we already have a word for it - it's socialism. If the means of production isn't owned by the workers it's not democratic. It's not socialist.