Socialism does not need to be regulated by a government. It’s a form of economy. However, we currently socialize many industries in a capitalist nation, and by socializing more industries, we can improve the lives of poor people at the expense of the wealthy, effectively keeping capitalism more equitable.
It’s okay to be a social democrat, buddy, welfare states are perfectly acceptable forms of ideological liberalism.
One might even call it a step on the path to actual socialism. Someone should write a book about these transitionary states, perhaps leading to the eventual withering of the state entirely.
What do you propose as an alternative way to address the wealth inequality without completely redesigning capitalism?
Have you considered… Abolishing capitalism?
Weird idea, I wonder if there’s literally millions of pages of thought on how to do that, or if some state somewhere just, like, didn’t let individuals own factories and such
