Comment
Comment by ocius
Most such discussion suffer from an inadequate definition of what is meant by "socialism" vs what is meant by "capitalism". The most important aspect to me is ownership / control of the means of production, and I think there are very interesting compromises to be had in between extremes. What I mean: imagine if it was normal for companies to pay out a large part of their earnings to their employees. This does exist, of course, in some of the best companies, but is not widely spread and even when in place, the share of profit going to the employees is too small. Another share could still go to shareholders that "didn't work" for the profit to incentivize investments. Seems like a small change that could have a huge impact on wealth distribution.