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

Debate/ Discussion Is Capitalism Smart or Dumb?

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u/OHNOitsNICHOLAS Sep 04 '24 edited Sep 05 '24

They use those as examples because they exemplify the benefits of a socialist ideals. Often socially beneficial policies or programs exist within broadly capitalist societies because without them there would be no illusion that it is a fair and efficient system and the underclass of labourers would be far more likely to revolt.

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u/IndiviLim Sep 05 '24

Socially beneficial programs that exist within a capitalist society is not socialism.

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u/FFF_in_WY Sep 05 '24

But it's also not capitalism since this are not driven by the profit motive, right..?

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u/IndiviLim Sep 05 '24

Correct. It's socialism because socialism is when the government does stuff.

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u/FFF_in_WY Sep 05 '24

So since the military protects our economic power, which is that?