It’s a concept, that makes no sense and deludes the meaning of the term socialism and capitalism so much that they become meaningless. It’s propagandistic newspeak.
At the end of the day according to marxist political theory (AKA the guy who established the meaning of the term capitalism, so this carries some important weight), that doesn’t make sense, either the principal owner of the means of production is the working class, or not.
Anything inbetween? completely capitalist, according to any socialist who has ever read theory.
it does exist but all the concept does is sully discussions, make terms meaningless, and make you feel like a superior centrist.
Socialism is simply democratization/worker ownership over the means of production. Mixed economies pretend that socialism is when the government does stuff, which is wildly inaccurate.
Of course there’s such a thing as a mixed economy. They made a whole Wikipedia article about it.
It’s a concept, that makes no sense and deludes the meaning of the term socialism and capitalism so much that they become meaningless. It’s propagandistic newspeak.
At the end of the day according to marxist political theory (AKA the guy who established the meaning of the term capitalism, so this carries some important weight), that doesn’t make sense, either the principal owner of the means of production is the working class, or not.
Anything inbetween? completely capitalist, according to any socialist who has ever read theory.
it does exist but all the concept does is sully discussions, make terms meaningless, and make you feel like a superior centrist.
Socialism is simply democratization/worker ownership over the means of production. Mixed economies pretend that socialism is when the government does stuff, which is wildly inaccurate.
Take it up with the profession of economics. They think it makes sense. I think it makes sense. You’re the only one confused by it.