yes

I'm saying the definition of capitalism

Regulations are socialist

whether or not their intents are good or bad

do you not agree with this definition?

It's simplified

"Everything that I don't like is socialism"

^

the definition of capitalism is the free market

which has never existed

The American right is doomed

A capitalist economy has never existed

You're simplifying capitalism to its strictest meaning

So doomed that under the right it's prosperous

That is the meaning of capitlaism

The MoP in Venezuela is owned privately

Is it capitalist?

Not even close

The MoP is highly nationalized and there's some private property. Private corporations produce for profit under a ridiculous set of regulations.

Because it;s still attempting to transition to socialism

Social democracy.

Which will never happen

Still capitalist.

It is socialist now

Lmao.

it's economic freedom score

is below repressed

thats socialist lmfao

Socialism is mostly a fantasy

It's economy is over state controlled

it is socialist

What is the definition of socialism? @sɪᴅɪsɴᴏᴛʜᴇʀᴇ

No, it's a capitalist country attempting to transition to socialism but failing

Social democracy is controlling people.

Where the MoP is owned collectivly by the state or workers

ireland is not a socialist company

it's not a good example

lmao.

But defining characteristics include strong state control of the economy

@Flare I know

it's one of the freest markets