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submitted 2 years ago by Kidplayer_666@lemm.ee to c/memes@lemmy.ml
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[-] Noughmad@programming.dev 50 points 2 years ago* (last edited 2 years ago)

Market != Capitalism. You can have a free market without capitalism, and capitalism without a free market.

The hexbears will attack me for saying that a regulated free market is good and a planned economy is bad. The others will attack me for saying that capitalism is bad and that we should have market socialism instead. But if we can't have that, a capitalist free market has proven much less bad than any planned economy, as long as it's regulated enough that it stays free.

[-] Kidplayer_666@lemm.ee 8 points 2 years ago

Since nobody agrees with terminology, we might as well just say: we should do Scandinavia

[-] Noughmad@programming.dev 2 points 2 years ago

Do you mean their economy and policies, or their people? In either case, I agree.

[-] gamey@feddit.rocks 7 points 2 years ago* (last edited 2 years ago)

That's the thing, when people say free market they mean a unregulated one and not a social democracy, markets are a effective tool to generate wealth and progress but they don't spread that wealth very well and profit over everything isn't a great way to help people so you need heavy regulations and certain areas shouldn't be under market control at all because people can't choose to use them!

this post was submitted on 20 Aug 2023
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