Hacker News new | ask | show | jobs
by etplayer 3226 days ago
>Besides, there is no pure socialist or capitalist society on earth.

Yes there is. All nations on earth adhere to the capitalist mode of production, entailing the following: primacy of wage labour, capital accumulation by the owners of the means of production, majority capitalist control over the means of production, the existence of private property and the fact that commodities (which have use and exchange value) are produced rather than simple good (which have only use value).

This is what Marxists mean when they talk about the difference between capitalism and Socialism.

>China and venezuela are both socialist countries.

Why? What precisely makes them socialist, and by whose definition? North Korea calls itself "democratic".