• BumbyJohnson@lemmygrad.ml
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    2 years ago

    Have to get past American and western interventionism to figure it out. But socialism lifted millions out of poverty look at Chinese and Russian history. Both countries went from feudal and monarchal society to industrial powers houses lead by peasants and workers, rivaling the United States in mere decades. So I’d say yes socialism does work. Also both those societies went from a near totally illiterate society to a 100 % total literacy within a generation. Free healthcare, housing, education and unemployment was non existent. Just to name some more achievements of socialism.

    • Paddy66@lemmy.ml
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      2 years ago

      Socialism yes. I’ve always thought that capitalism regulated with socialist policies is the way forward. That way you can still encourage entrepreneurs to get going.

      But we’re still left with the r > g problem (money attracts more money).

      Communism is the extreme end of socialism isn’t it? And I’ve always thought that extremes never work. Extremism is a circle…

      I’m open to being educated on this though…