Cripple. History Major. Irritable and in constant pain. Vaguely Left-Wing.

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Joined 2 years ago
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Cake day: July 21st, 2023

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  • Generally, classically I’ve understood Socialism to still involve central planning of industry/production.

    Socialism is worker control of the means of production, which can take many forms. What it is, most distinctively, is incompatible with capitalism, which is investor control of the means of production.

    Whereas most modern socialist democracies tend to heavily regulate industry and enact social welfare programs to minimize the effects of different classes etc.

    The most successful socialist parties in the West take the view that the harm of capitalism should be reduced while it still exists; they still believe in the eventual abolition of capitalism.