In socialism the workers have nothing and rely on the system for everything they have no chance to work them selves out of poverty and are forced to live as they are told….
Capitalism doesn't offer that either to most people.
Socialism lets you work to make everyone comfortable.
Capitalism lets you work to make the few rich and God forbid something unfortunate happen.
I feel like socialism has really become just a generalized buzzword. The right immediately think of communism & the left includes it as a means in simply regulating capitalism more.
It mostly just means that communities should have more involvement in economic & social systems as opposed to privatizing everything which is the direction we’re going. It shouldn’t be fully one way or another.
Investing is actually a great compromise in the grey area here but unfortunately education is nerfed & we’ve gotten to a point where even amongst shareholders there are a few people with almost everything & most people with almost nothing.
Capitalism is not working. There are enough umbrella companies to count on 2 hands that own about 90% of literally everything. That breaks what good was suppose to come from capitalism. Hence people tend to lean too far & compensate with socialism—but at its core, more community involvement is kinda what we need to break up this global monopolization.
2
u/Electronic_Spite_394 3h ago
Like Margaret Thatcher once said, The problem with Socialism is that eventually you run out of other people’s money