• jimmy90@lemmy.world
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    18 days ago

    yeah i was talking about the whole connected economy being capitalist to a certain degree

    • Cowbee [he/they]@lemmy.ml
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      18 days ago

      But what does that mean? Are you saying a single instance of private property is Capitalist? I think we are not really speaking with the same understanding of basic terms, which is driving confusion.

      • jimmy90@lemmy.world
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        18 days ago

        All Socialist countries have had different forms of property ownership than public, though always in a manner that does not hold power over the economy. The PRC has its private sector dominated by small firms and cooperatives, as well as sole proprietorships, while the large firms and key industries are squarely in the public sector.

        that sounds very much like the UK in the 70s, which you could describe as a bit capitalisty?