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14. And successful capitalist systems have many socialist aspects to them...

Reply to I_UndergroundPanther (Reply #11)

Sun Jul 18, 2021, 03:59 PM

Jul 2021

They wouldn't be successful without them as pure Laissez-faire capitalism would eventual fail because of it's inhumanity and cruelty in pursuing more and more profit.

That includes the American and social democracies of Europe.

IIRC there hasn't been a successful, strictly socialist system. The communism of the USSR, a form of socialism, failed spectacularly. China has evolved out of its decades long dance with it also. And Cuba is having social upheaval as we speak.

Perhaps the co-operative system in the Mondragon region of Spain comes closest to socialism (workers owning the means of production), but it has strong capitalist aspects as well as its products have to compete in market capitalism...and is having some problems. So what it looks like is successful economic systems are combinations of capitalism and socialism arrived at eventual from the left, right or center.

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My bad... cayugafalls Jul 2021 #5

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I dispise capitalism I_UndergroundPanther Jul 2021 #3

I like it. (It's better than socialism.) NurseJackie Jul 2021 #8

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Lulz. NurseJackie Jul 2021 #17

Ok might have mixed up terms I_UndergroundPanther Jul 2021 #18

I've had enough of this. NurseJackie Jul 2021 #19

And successful capitalist systems have many socialist aspects to them... brush Jul 2021 #14

My problem with capitalism I_UndergroundPanther Jul 2021 #16

Oh, yeah. Laissez-faire capitalism (unregulated) can and... brush Jul 2021 #20

This explains why I hate capitalism I_UndergroundPanther Jul 2021 #13

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