Re:Ask HN: What is a HN unpopular opinion that you hold?
by simonblack on Monday March 25, 2024 @06:55PM
(#39822176)
A problem in the US but not in many other parts of the world is that 'Socialism' is conflated with 'Communism' and is therefore bad. Most countries in the world are mixed-economies, with both Socialism and Capitalism.
Pure Capitalism is as bad as pure Communism.
Maybe another way for Americans to consider Socialism is that Socialism is "Capitalism with Compassion".
Pure Capitalism is as bad as pure Communism.
Maybe another way for Americans to consider Socialism is that Socialism is "Capitalism with Compassion".