• 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.