They weren’t shy about defending “sustainable capitalism.”

  • spectre [he/him]
    ·
    4 years ago

    Right, it took me several years to understand what socialism and Marxism are and are not. Some things go hand-in-hand (markets and capitalism, wealth redistribution and socialism), but that does not make them the same thing.

    • ProfessorAdonisCnut [he/him]
      ·
      3 years ago

      wealth redistribution and socialism

      Wealth distribution is a socdem thing, it's only a meaningful concept to any significant extent as a band-aid applied to an exploitative system. A socialist/communist economy has a fundamentally different management of resources and production (democratic control, central planning, production-for-use) in the first places; instead of letting commodity production and free-markets have control and using taxation/spending policy to affect outcomes by tweaking parameters and plugging holes.

      • spectre [he/him]
        ·
        3 years ago

        Yeah I guess it's more accurate to say that under socialism the wealth is already distributed in an equitable manner, so it doesn't need to be redistributed. Nonetheless, most socialists will advocate for redistribution under capitalism unless you're going for the accelerationist angle. That's why I'd say they go hand-in-hand (maybe there's a bit more distance than that), but they are definitely not synonymous, like you said.