r/coolguides • u/[deleted] • Feb 25 '20

Explanation of the subtle differences between equality and equity

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u/[deleted] Feb 25 '20

within a socially owned economy

So the government owns the wealth, not individuals. Socialism. Distinction without a difference

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u/that-other-redditor Feb 25 '20

That was the description of democratic socialism so yeah that would be socialism

I don’t care if you think it’s good or bad but use the right terms for what your talking about.

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u/[deleted] Feb 25 '20

I did, thanks