News for hackers. Stuff that matters.

A comment on Putin’s last stand How to lose a war simply by starting one. Parent comment

Re:Putin’s last stand How to lose a war simply by starting one by orwin on Friday March 04, 2022 @10:18AM (#30555984)
The nordic countries are though? I'd say i would consider any country were the state expenditure account for more than 50% of GDP socialist. And any company where the workers own more than 50% of the share communist (those exist). Unless we have different definition?

Edit: I'm not opposing socialism to capitalism though. For me capitalism is that the capital own the means of production, aka: more than 50% of the shares belong to investors, not workers.

[ Parent | on HN ]
Re:Putin’s last stand How to lose a war simply by starting one by throwaway290 on Friday March 04, 2022 @01:33PM (#30558551)
Yes, we have different definitions. I meant capitalism in the most layperson's definition: a system where you sell something and I buy something from you, then you take that money and go to the milkman and buy yourself cheese. As opposed to a system where people work for some fixed minority, and then that fixed minority distributes the outcome across everybody. (Of course, keeping the bigger chunk to itself.)
[ Parent | on HN ]