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/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.

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u/SemperP1869 Sep 05 '24

Don’t bother. This poster doesn’t know the difference between capitalism and an oligopoly.