• @traveler01@lemmy.world
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    02 years ago

    This is a flow chart from a leftist/socialist perspective

    Then you have socialist governments wasting billions of the tax payer money to rescue shitty state owned companies. Look at Portugal with TAP and Efacec. Socialist party, billions of the tax payer money going down the drain. Those companies were partially or privately owned and the socialist party only rescued it to save these private owners investments.

    Liberal economics would actually be telling them to go fuck themselves and give no money to them.

    • алсааас [she/they]OP
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      02 years ago

      Socialism is defined as the working people either directly owning or democratically controlling the economy. I don’t see how that is the case in any “socialist” country at the moment (speaking of the nordic ones, Portugal, China etc)

        • алсааас [she/they]OP
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          2 years ago

          Imma bring up an example to maybe explain it easier. North Korea calls itself the “Democratic Peoples Republic of Korea”. In their official understanding/rhetoric they have a democracy in which the administration acts in the interest of the people instead of a few bureaucratic elites. In reality it’s the other way around. Now, if someone said “Look at what democracy does to a country!!11!”, would you not object?