this post was submitted on 25 Nov 2025
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Explain Like I'm Five
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A lot of people mix up “socialism” with “people being good neighbors.” That’s not actually what the term means. Socialism is specifically about who owns the big stuff, the means of production. In a socialist setup, people still work jobs, they still get paid, and daily life still involves employment and compensation. The difference is that major industries aren’t privately owned by large corporations. They’re controlled collectively by the public or by the workers themselves.
Small private businesses can still exist; they’re not eliminated outright. What changes is the ownership of large-scale systems: energy, manufacturing, transportation, resources, things on that level. These are shifted away from private corporate control and toward collective control.
The fundamental issue of socialism and why it doesn't and has not worked historically is because of human nature. A corporateocracy or a capitalist based society aligns much better to human nature than socialism does which is why it's significantly more "successful".
Maybe the real problem is people wanting to apply one answer to all problems. I’m fine with a capitalist economy where an ethical government regulates the market to serve the people and there are socialist structures where appropriate
You're referring to social democracy there are several social Democrats in office right now in the United States they are among the politicians I would vote for for president.
Except the only major sovereign socialist experiments have been either crushed by non-economic forces, or been Soviet-style totalitarianism.
The idea that capitalism is more based on 'human nature' ignores why capitalism actually works. You could argue, with much more validity, I would say, that feudalism is more in-tune with human nature than capitalism, yet almost no one disputes that feudalism is worse than capitalism.