Social programs are not “socialism,” nor are markets “capitalism.” What determines the nature of an economy is what is dominant, the will of Capital or the will of the People. That’s why Social Democracies are sliding into austerity, because the Workers never actually siezed control Capital still dominates the system and disparity rises as a consequence.
Social programs are not “socialism,” nor are markets “capitalism.” What determines the nature of an economy is what is dominant, the will of Capital or the will of the People. That’s why Social Democracies are sliding into austerity, because the Workers never actually siezed control Capital still dominates the system and disparity rises as a consequence.