OC for you.
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Which one? You’re not describing any form of communism. You’re at best describing neoliberal capitalism.
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Neoliberalism is not what I described at all. At least, not the currently accepted understanding of the term.
Communism:
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A theoretical economic system characterized by the collective ownership of property and by the organization of labor for the common advantage of all members.
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A system of government in which the state plans and controls the economy and a single, often authoritarian party holds power, claiming to make progress toward a higher social order in which all goods are equally shared by the people.
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From Stanford, about neoliberalism:
- Though not all scholars agree on the meaning of the term, “neoliberalism” is now generally thought to label the philosophical view that a society’s political and economic institutions should be robustly liberal and capitalist, but supplemented by a constitutionally limited democracy and a modest welfare state.