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submitted 5 days ago by jackeroni@lemmy.ml to c/memes@lemmy.ml
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[-] JamesBoeing737MAX@sopuli.xyz 1 points 2 days ago* (last edited 2 days ago)

Wow, It's actually better, then unregulated capitalism, but I still wouldn't call it socialism. Thanks for the info.

[-] Cowbee@lemmy.ml 1 points 2 days ago

No problem! What would it take for you to consider it socialist, though? The principle aspect of the economy is public ownership, so that should be enough by most standards to distinguish it from capitalism, where private ownership is the principle aspect.

this post was submitted on 29 Jul 2025
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