this post was submitted on 07 Jul 2026
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Socialism
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Capitalism and socialism are not slices of a system, but modes of production and distribution. Welfare in the context of a capitalist economy is not socialism, just like limited private property within socialism is not actually capitalism.
As for the Nordic countries, they only "work" because they rely on imperialism and neocolonialism for their safety nets as the price of class collaborationism. The only way to have safety nets that good while also being thoroughly capitalist is to siphon the wealth from the global south, creating what Engels calls a "bourgeois proletariat."
Socialism and eventually communism is the correct course.