dartos@reddthat.comtoMemes@lemmy.ml•Lemmy might, MIGHT have a small bias towards the left
0·
11 months agoSo I understand total capitalism as an entirely market driven economy with no government influence
And total communism as an entirely planned and government prescribed economy
And socialism as some of the economy is market driven and some government planned.
I learned that “capitalism” is an economic system, not a system of government.
So you could have a socialist state that funds essentials like healthcare and transportation through taxes with a market (capitalist) economy.