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Anon is tired (lemmy.ml)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 17 points 1 year ago (2 children)

What you are referring to is called socialism. And yes, it's a good thing.

[–] [email protected] 8 points 1 year ago

Yeah buddy.

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

Capitalism with checks and balances is not socialism.

[–] [email protected] 3 points 1 year ago

It literally is.

a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community

So regulation of the market by the people (aka people democratically deciding where capitalism should be limited/regulated).

If there is another word that fits better though please let me know.