this post was submitted on 29 Jul 2025
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[–] JamesBoeing737MAX@sopuli.xyz 1 points 17 hours ago* (last edited 17 hours ago) (1 children)

Wow, It's actually better, then unregulated capitalism, but I still wouldn't call it socialism. Thanks for the info.

[–] Cowbee@lemmy.ml 1 points 17 hours ago

No problem! What would it take for you to consider it socialist, though? The principle aspect of the economy is public ownership, so that should be enough by most standards to distinguish it from capitalism, where private ownership is the principle aspect.