After reading in econemic systems and how have they been applied, I started relaising how impossible it’s to have a good true socialist country.
After reading in econemic systems and how have they been applied, I started relaising how impossible it’s to have a good true socialist country.
Economists purposely don’t use terms like “capitalism,” “socialism,” and “communism” because their definitions are nebulous and often used for political reasons. Democratic socialists will point to Scandinavia as a highly successful model of socialism and liberals (in the classical since, not the American politics one) will consider those examples of capitalist countries.
Look at Apple products. Designed in America. Built in China. The chips inside require European technology and (usually) are made in Taiwan, South Korea, etc. South America, Africa, Oceania, etc. are also involved in the supply chain, whether it’s anything from mining raw materials to providing finished components. And that’s before we even get to the software, which might even involve Antarctica. (I don’t know if the McMurdo station has any public apps but they’re doing more than saying hello to the penguins. I assume some software has been written there.)
So, it’s sort of pointless to talk about “socialist” or “capitalist” economic systems in the modern era. You might as well argue with a mirror.