this post was submitted on 26 Jun 2024
1 points (100.0% liked)
Technology
59651 readers
2722 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Capitalism is when the public owns the things. And Communism is when a handful of private individuals owns the things.
So what's it called when the government is a handful of private individuals, as opposed to representing the public?
The Aristocrats
Badum tish!
Oligarchy or aristocracy, and that's Russia. And the US at this point lol.
No... Capitalism is when a handful of individuals own the means of production and have full authority on how they are used.
Communism is more akin to when the workers decide what to do with the means of production they operate.
You got this literally backwards.