You clearly haven’t engaged with anything, and lol @ “independent thinker” from someone defending the dominant economic and political system, which fyi is exactly what you’re doing
A mode of production where private ownership of the means of production is the principle aspect of the economy, ie over at least the large firms and key industries. Socialism is where public ownership is the principle aspect of the economy, and communism is a post-socialist mode of production where all production and distribution has been collectivized and is run to suit the needs of society. Economic planning is key to socialism and communism.
You clearly haven’t engaged with anything, and lol @ “independent thinker” from someone defending the dominant economic and political system, which fyi is exactly what you’re doing
The dominant economic and political system is mixed and always has been.
Lol no, it’s currently capitalism
What is capitalism?
A mode of production where private ownership of the means of production is the principle aspect of the economy, ie over at least the large firms and key industries. Socialism is where public ownership is the principle aspect of the economy, and communism is a post-socialist mode of production where all production and distribution has been collectivized and is run to suit the needs of society. Economic planning is key to socialism and communism.