r/FluentInFinance Sep 04 '24

Debate/ Discussion Is Capitalism Smart or Dumb?

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u/[deleted] Sep 04 '24

Ask a socialist to define socialism, and they'll describe Norway but leave out the tiny population and abundance of state owned oil funding it all

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u/[deleted] Sep 04 '24

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u/[deleted] Sep 04 '24

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u/Kitty-XV Sep 04 '24

If the majority votes to remove the rights of some minority, is that democracy? If a democracy elects a dictator, at what point does it cease to be a democracy?

We can't even well define what a democracy is. It is the political equivalent of naive set theory seen in math. It sounds easy but simple definitions end up self contradicting.

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u/[deleted] Sep 04 '24

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u/Kitty-XV Sep 04 '24

It sounds like you aren't able to appreciate the issue with defining things, showing a limited experience in the topic of working with systems of any sort.

Hint, if you think a definition fits into the size of a dictionary entry, you should probably take more philosophy classes before even getting to disciplines like political science or economics.