[–] FuckYouReddit- ago
and Capitalism is the practice of having private entities in control of how money is spent
I reject the notion, unless you're referring to me when talking about "private entities." Since I'm the only one who decides how my money is spent.
[–] sanegoatIAmNot 2 points -2 points 0 points (+0|-2) ago
USA is FASCISM ( Corporate Socialism )
Name a "CAPITALISTIC" country on earth? Maybe China comes closest, in terms of RAW entrepreneurial activity and ease to start a biz.
The problem is there are no pure "Ayn Rand" capitalist nations on earth;
I prefer ANARCHISM, Emma Goldman defined best "Communalism in its purest form", meaning people living communal ( like communes ) with no form of GOV or ADMIN or PIGS or MIL.
Problem now is MSM defines all the -ism, and the JOO has had 100+ years in USA to dumb down the public, and mind fuck them.
One must travel the entire world, and see it all, and you will find the shoe(-ism) that fits you, and for me the USA used to be a place to make money, but NOT TO LIVE. Today you can't even make money anymore in the USA.
The problem is NOT the "-ISM" the problem is GOV
Von Mises said it best "The essence of ALL GOVERNMENTS on earth is beating, killing, and imprisonment", The people who love GOV the most are hangmen, cops, and gendarmes.
All -ISM is good when there is NO organized GOV looking down and spying on you and robbing you.
[–] Dibgick 0 points 1 point 1 point (+1|-0) ago (edited ago)
You are correct in one aspect. The elites control the flow of money and in both cases politics and who you associate with are key to get rich. Actively playing along with (whatever) system is key for financial success.
The problem with socialism is the "uniform" distribution of poverty. In capitalism is the excessive concentration of wealth.
The main difference is that capitalism incentivates initiative and socialism punishes it.
In the end living on the fringe of whichever system will grant you a lot of unhappiness.