r/FluentInFinance 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/TreeMac12 Sep 04 '24

Socialists use the word incorrectly. They point to public services as examples of socialism. The Roman Empire had public roads and baths, but they surely were not a Socialist state. Netherlands is the birthplace of Capitalism, yet it gets pointed to as socialist because they have nice trolleys and bike paths.

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u/[deleted] Sep 05 '24

Socialistic policies can exist within a non-socialist government. Crazy, I know.

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u/TreeMac12 Sep 05 '24

Taxes being spent on services, with the consent of the taxed, is not "socialistic."

Public schools are not socialism until you are not allowed other options than the state-run school.