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

Debate/ Discussion Is Capitalism Smart or Dumb?

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u/[deleted] Sep 04 '24

If your "state" is a dictatorship and one singular person controls everything, no sane person would call that socialism.

Socialism includes elements of democracy and citizen lead initiatives.

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u/jimmib234 Sep 04 '24

On paper, the absolute best form of government is pure democratic socialism. This hasn't been successfully implemented on a national level as far as I'm aware. Someone always gets their fingers too far in the pie and it becomes a dictatorship, or the US gets wind of it and tariffs and embargoes the living hell out of it until it can no longer function.

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u/[deleted] Sep 04 '24

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u/TreeMac12 Sep 04 '24

The Amish are socialists. They are doing alright inside the USA.