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by nicoburns
2064 days ago
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> "Socialist" and "capitalist" aren't party alignments, they have concrete meanings. I agree that they're not party alignments, but do they really have concrete meanings? In my experience they seems to mean different things to each person who uses them. |
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> Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.
Both of those definitions encompass a wide range of economic systems, but they are fixed definitions. There's never going to be some inversion where "socialism" suddenly describes the private accumulation of capital.