Message from @sɪᴅɪsɴᴏᴛʜᴇʀᴇ
Discord ID: 519968877233569803
It's socialist
But it isn't socialist
yes it is
it's business freedom is lower than repressed
Define socialism
almost all of it's economic freedom indicators are the same
Where the means of production are collectively owned by the state or workers
However defining characteristics
can include strong state intervention
which is present in the countries listed above
Yes I know
theres defining characteristics
such as strong state intervention
to the point the "private" companies in Venezuela are state owned
Venezuela has pridominantly private ownership, therefore it is not socialist
Look what I said
it's over state controlled
that is SOCIALIST
Socialism isn't just black and white to the point where if there is no state ownership of the MoP it isn't socialist
If the state over controls the economy, it's socialist
Just like the case with these countries
And Nazi Germany too
This is funny
THats not the correct definition
the correct definition is
But you say the the definition for capitalism is correct
Double standards
Just because the state interferes in the economy, doesn't mean that the state owns the businesses
Definition doesn't say that
I said over state interference
google isn't a good way to learn about economic theory
especially when you don't click the article
yes and thats simplified
if you read economics
you would realise it's the free market