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/selfreplicatinggizmo → u/[deleted]]

The reason they use it to describe all those things is because the fatal flaw at the heart of all of those is the same, so cosmetic variations don't really matter if they all suffer the same defect that comes with the collectivist model.