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this post was submitted on 20 Aug 2023
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I may be wrong, but I don’t see socialism and capitalism as hard opposites.
I see capitalism and communism are like hard opposites with socialism somewhere in between.
Capitalism is the state controlled by the capital owners with the workers repressed.
Socialism is the state controlled by the workers with the capital owners repressed.
They are literally hard opposites. One is a bourgeoise-state and the other is a proletarian-state.
I learned that “capitalism” is an economic system, not a system of government.
So you could have a socialist state that funds essentials like healthcare and transportation through taxes with a market (capitalist) economy.
Socialism is also an economic system.