this post was submitted on 11 Sep 2023
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Saying socialism is a form of capitalism is...unconventional. I think very few people would agree. Personally I see socialism as something that can be blended with capitalism, but doing so results in a less capitalist system. And when I see someone advocate for capitalism, I assume they mean the mostly unregulated kind like you see in the US, and which is forced in a lot of poor countries under the guise of "economic development".
I consider myself a socialist so I guess we're not as far apart as it seemed at first.
But anyway, the point I was originally trying to make is more general: the best system might not even exist yet. In medieval Europe they thought feudalism was as good as it got, and ideas like capitalism and socialism hasn't been invented.
I agree with all of that.
My view is, capitalism is an economic program, and socialism is a societal program, and like you said they can be blended. Pure capitalism would have essentially NO societal program (ie no regulations) and would look something like libertarianism.