this post was submitted on 23 Feb 2024
1275 points (89.6% liked)
Memes
45655 readers
1692 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
How did you mess up this badly? A "public company" [sic, the correct term is "publicly traded company"] is a regular private company where the owners are hundreds or even thousands of individuals. A publicly owned company is one where every single citizen owns the company simply by being alive or every single worker owns the company simply by working there.
I don't even understand what you mean by this...
No, they're not, and this shows a very serious hole in your knowledge of economic and social systems. While, informally, it's sometimes said to be the case, that's strictly an oversimplification to communicate a different idea. Countries like the US simply use a government-assisted capitalist model. Places like the Nordic countries have a more transitional system, but are ultimately still just capitalist.
Of course they are. How can you be so confused. Countries like the US are a mix of socialist and capitalist systems. Some things are owned and run by the government (socialism), other things are owned and run by private individuals (capitalism). No society has ever worked where it was 100% socialist or 100% capitalist.
Are you illiterate? I specifically pointed to why that's not the case...
Are you dumb? I specifically pointed out how you're wrong.
You couldn't specify your breakfast if you were in the middle of eating it. Grow up.
Ah, so you can't find a flaw in my argument, instead you tell me to "grow up", as if you're an adult and I'm not. It's pretty clear you have no idea what you're talking about since you can't argue your point.