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Re:Poverty-Fighting Startups by cmurf on Sunday January 14, 2018 @02:06AM (#16143170)
Socialism is state (in some sense the public if it is also a democracy) owning the means of production. Capitalism is private ownership of the means of production. Workers owning the means of production is syndicalism.
Re:Poverty-Fighting Startups by lsc on Sunday January 14, 2018 @02:28AM (#16143226)
I think I agree that you are more correct, especially as I specifically said 'workers' and not 'people' - syndicalism, as I understand it, is mostly about the workers in a particular industry (or factory) controlling said industry (or factory) however, it doesn't really change my point;

Either way, socialism is about control of the means of production, and my point is that you can have a welfare state without changing the control of the means of production, as long as you have a means of significant taxation, which we have in place in the US already.

Re:Poverty-Fighting Startups by eeZah7Ux on Sunday January 14, 2018 @11:16AM (#16144838)
Wikipedia page on socialism: "Social ownership may refer to forms of public, collective or cooperative ownership, or to citizen ownership of equity."