I think the way we argue over labels hurts us. If I use heavy regulation and government aid to limit the abuses in a capitalist system, at what point does the label change to "socialism"? I think we do ourselves a disservice to create these strict conceptions of systems like capitalism, socialism, or communism. Then when one fails we get to say "well that wasn't true x". And the labels allow people to boogeyman an idea. And worst of all, we eliminate the possibility to take good lessons from multiple different systems and incorporate them into our system. I think we would be better served promoting policies on a case by case basis instead of using these huge words. And to be clear, I'm a bit of a hypocrite here. I've been mostly telling people I'm a "social democrat" or that I support "capitalism with heavy regulations". But even those words can get picked apart and don't really capture nuance. My main point is that I think this thread is a perfect encapsulation of how these arguments stop us from getting behind good policies when we bicker about the definitions of words that mean different things to different people.
I think the way we argue over labels hurts us. If I use heavy regulation and government aid to limit the abuses in a capitalist system, at what point does the label change to "socialism"? I think we do ourselves a disservice to create these strict conceptions of systems like capitalism, socialism, or communism. Then when one fails we get to say "well that wasn't true x". And the labels allow people to boogeyman an idea. And worst of all, we eliminate the possibility to take good lessons from multiple different systems and incorporate them into our system. I think we would be better served promoting policies on a case by case basis instead of using these huge words. And to be clear, I'm a bit of a hypocrite here. I've been mostly telling people I'm a "social democrat" or that I support "capitalism with heavy regulations". But even those words can get picked apart and don't really capture nuance. My main point is that I think this thread is a perfect encapsulation of how these arguments stop us from getting behind good policies when we bicker about the definitions of words that mean different things to different people.
I think labels are still useful for discussion, but I completely agree that we should regularly rediscuss what they mean and how they evolve.