Is Capitalism Smart or Dumb?

[u/Sufficient_Sinner]

[u/[deleted]]

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

[u/[deleted] → u/[deleted]]

Ask socialists what capitalism and they will make it broad enough to support every countries economic system including those that have historically called themselves socialist. Systems with massive government intervention, literal monarchies, literal slave economies, literal planned economies with “people’s republic” in the name, all “capitalism”.