Socialism

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socialism never works (sh.itjust.works)

submitted 11 months ago by [email protected] to c/[email protected]

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[–] banneryear1868 4 points 11 months ago

It may be possible that socialism and capitalism are just economic tools that can applied to different sectors of the economy depending on which works best in a given context.

While I wouldn't agree that the ideologies of socialism and capitalism are compatible in determining economic relations within a country, I would say that socialism and even communism are compatible with markets, which is what I would say is the "tool" in that statement. Markets can be designed based on what is useful for that sector.

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