this post was submitted on 29 Nov 2023
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there is if its regulated
Same old capitalism, but with regulatory capture.
Yes, but capitalism with regulations is the best for everyone.
Even going back to tribes would be better because capitalism is literally destroying the world. Socialism (not social democracy) would be better for 99% of people.
Civilization is worth destroying the planet over. And socialism also destroys the planet.
Regulations are band-aids that those in power regularly rip back off to pick at the scab underneath.
Regulations are the most important part of any industrial society, capitalist or not.
Regulations are a good tool if you must remain Capitalist, but will continue to be a band-aid on a gaping wound.
Unions are much better than simple Regulations, though both help.
Socialism is much better than Capitalism.
Am I anti-regulation? Of course not, I just think it's completely insufficient for fixing society's ailments.
socialism is capitalism with regulations.
No, it is not. Completely far from it, in fact.
Capitalism is individual ownership of the means of production.
Socialism is collective ownership of the means of production.
Capitalism with regulations is Capitalism with regulations, and will never be Socialism.
Thats not what socialism is at all. It can involve collective ownership but often utilizes regulation of individual ownership to for the benifit of the workers.
No, definitionally Socialism is worker ownership of the means of production. It is a mutually exclusive form of economic organization with Capitalism. At most you are referring to Social Democracy, which is Capitalism with social safety nets, but cannot be considered Socialism.
Please learn more about what you're talking about, you're very confident for someone who clearly is mixing up terms.