• zesty
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    1 year ago

    Capitalism with checks and balances is not socialism.

    • Rediphile
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      1 year ago

      It literally is.

      a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community

      So regulation of the market by the people (aka people democratically deciding where capitalism should be limited/regulated).

      If there is another word that fits better though please let me know.