this post was submitted on 21 Aug 2023
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[–] [email protected] 0 points 1 year ago (2 children)

Concentration of power with those "social services", making people pay higher taxes many times for unfair reasons. Socialism has all the power on the State with no or little room for individuals themselves to make their businesses and companies, companies that'll thrive will be friends with the king and create a monopoly in that country. Putting everything in the hands of the State is a recipe of disaster.

[–] [email protected] 2 points 1 year ago (2 children)

Socialism has all the power on the State with no or little room for individuals themselves to make their businesses and companies, companies that'll thrive will be friends with the king and create a monopoly in that country.

China has tons of small and big businesses and it's still socialist.

[–] [email protected] 2 points 1 year ago (1 children)

Chinese companies are basically extensions of the government.

[–] [email protected] 1 points 5 months ago

Most corperations are, in any country.

[–] [email protected] 0 points 1 year ago

When you say "no room to make business." That's where I think the fundamental disagreement is rooted. Socialism is inherently built on the idea that what you are building in a capitalist system is exploiting labour. The people you bring in should have ownership of the company too in a socialist system, not the state. What you're describing is a communist dictatorship. State programs should be run by the state just as they are in most countries now. You certainly don't want companies running your government.