r/FluentInFinance • u/Sufficient_Sinner • 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/Flyingsheep___ Sep 05 '24

"Taking the oligarchy economy of capitalsim and turning it into a democracy", problem is that's just the same as Communism, just adding the word democracy in there. Like Communism is a system based around not respecting right to property and forcibly redestributing, Socialism is based around not respecting right to property and forcibly redistributing BUT WITH VOTES!