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by baq
1887 days ago
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maybe start from the names: socialism tries to put society first, capitalism tries to put capital first. western europe democracies try to be 'social capitalism', with mixed results, but maybe not as disastrous and scary as some folks here would like them to be. |
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Economically the USSR had capital too, but it was mostly owned collectively (by the state).
Hence I define the two in terms of the people that actually own stuff.