• @wolfarine@lemm.ee
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    525 days ago

    So the “elected” government is trying to control prices? Isn’t that the definition of socialism?

    • @Don_alForno@feddit.org
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      124 days ago

      It’s an element of a planned economy which has been more commonly used in authoritarian socialist countries but isn’t exclusive to them.

      (Fun fact because I just looked it up: There doesn’t seem to be one generally accepted definition of “socialism”.)

      • zqps
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        34 days ago

        Worker ownership of the means of production.

        I.e. profits from goods and services go to those who provide them rather than investors.

        • @ILikeBoobies@lemmy.ca
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          4 days ago

          Social ownership (public) of production, doesn’t have to be the workers

          State capitalism exists though, ROK and CCP are the more famous examples

          • zqps
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            4 days ago

            No it’s not. Socialism is compatible with economic and political systems beyond communism. Sorry, but you don’t know what you are talking about.

      • @CheeseNoodle@lemmy.world
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        24 days ago

        I’d say a good loose definition is just ‘people pooling resources for the common good’ so basically all taxes and things paid for by taxes including the military.