this post was submitted on 04 Jan 2024
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Step 1: Think of a viable alternative.
No-one has yet achieved step 1, which makes subsequent steps harder. It's easy to get your hands on people who will answer with magical thinking, but a system that will actually work and isn't capitalism has yet to be invented.
Democratic socialism is definitely a viable alternative. Even capitalism with a strong safety net vis a vis Nordic countries is better.
I live in Sweden. Sweden is not a socialist country. It's a hard regulated capitalist country with social safety net paid for by taxes.
I don't understand why people keep saying that the nordic countries are socialist countries just because of the tax funded welfare. The taxes comes from hard working people, be it owners of businesses or employees.
I literally said capitalist with a strong safety net.
You are right, I misread. My point is still valid, though. Many refer to the nordic countries as socialist but they are not.
And yet, still better than what USA has.
Much better, I'd say.
Capitalism with a strong safety net sounds like you're avoiding the question. The question is how to replace capitalism, not how to improve it.
How are you defining democratic socialism? Usually when I ask people to define socialism they answer with capitalism with extra undefined steps whereby the set of employees of a business is legally forced to be equal to that business's set of owners. I'm not familiar with "democratic" as a modifier to the term, though.
The right answer is most likely a mixed system, so will most likely include some form of capitalism.
Wikipedia describes what I mean pretty well.
The article you linked has at least 3 different kinds of socialism that satisfy "democratic" socialism:
What definition do you mean by it?
I think your question was, "has anyone thought of a viable alternative to pure market capitalism", to which the answer is yes.
But they wanted to move the goalposts :(((