re: #552 Big Beautiful Door

My view of socialism is that it means state ownership of the means of production, which in communism is just a phase before the state withers away. Thus I think all western nations are capitalist, in that they have private ownership of property and private for-profit companies and stock markets, but simply have differing levels of regulation and taxation to distribute the wealth generated by the capitalist economic system.

There is a very theoretical issue at stake here, namely that capital and private property overlap, but are not necessarily identical in nature.

When a company is too big to fail, then it is too big to remain unregulated. At that point, capital also becomes a national resource to a certain degree, and not just private property.

But that is way too nuanced an approach to be made part of any political platform, at least in the current USofA