They have free markets and businesses, doesn't sound like a socialist system to ... | Hacker News

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		bennysonething on March 26, 2023 \| parent \| context \| favorite \| on: I lost everything that made me love my job through... They have free markets and businesses, doesn't sound like a socialist system to me.

IX-103 on March 26, 2023 [–]

You're thinking of Communism. Socialism doesn't imply government ownership and control of the economy.

bitwize on March 26, 2023 | [–]

Neither does communism. Communism implies ownership and control of the economy by the people at large, but the presence of a state is, supposedly, a transitional phase.

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