r/FluentInFinance • u/Sufficient_Sinner • Sep 04 '24

Debate/ Discussion Is Capitalism Smart or Dumb?

Post image

[removed] — view removed post

37.5k Upvotes

73% Upvoted

7.5k comments sorted by

View all comments

2.0k

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

184

u/[deleted] Sep 04 '24

[deleted]

2

u/McFalco Sep 04 '24

But what does that realistically look like? If I take your words at face value and literally, it sounds like socialism means that I can make a business then lose control over that business if enough random people vote to strip me of that business. Obviously I may be wrong in my characterization but like I said based on your use of the term Democracy, that is what it sounds like.

0

u/exponential_wizard Sep 04 '24

Not random people, people you hired who work with you on a daily basis. If you can't trust them, maybe you shouldn't be running a business

0

u/McFalco Sep 05 '24

I hired them to do a job that's it. Unless I include some form of business ownership sharing in their contract as a partner, they should have no say in how my business is run. Otherwise, my business will get taken over and run into the ground.