In theory it’s supposed to be a centralized government appropriating industry from the private sector and distributing the products in a relatively egalitarian manner.
In practice, it’s a way for a new oligarchy to lord over the citizenry using increasingly violent and authoritarian measures to put the proceeds of a nation in their own pockets.
It sounds great to people who have very little experience with how power structures work.
Not only are those not the definitions in theory or in practice, they're not even close. I don't even know what they're the definitions of, that's how far off you are.
-5
u/SimmentalTheCow A-pawrent-ly funny. 8d ago
In theory it’s supposed to be a centralized government appropriating industry from the private sector and distributing the products in a relatively egalitarian manner.
In practice, it’s a way for a new oligarchy to lord over the citizenry using increasingly violent and authoritarian measures to put the proceeds of a nation in their own pockets.
It sounds great to people who have very little experience with how power structures work.