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What's the difference between communism and socialism?
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this post was submitted on 06 Aug 2023
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First off, you may live in a republic. I don't. Don't assume everyone is American.
Secondly, your definition of Socialism is too narrow. Socialism isn't strictly an economic system of who owns things. Social welfare programs are Socialism, but in the political sense. The political movement of Socialism almost always involves wealth redistribution programs like food stamps.
The US is very obviously not strictly a capitalist country. The government owns and controls significant assets including land, resources, and companies which it utilizes to the benefit of the citizenry and would fall under even your definition of Socialism.
Between the federal and state governments, they own around 60% of all the land in the US. https://www.nrcm.org/documents/publiclandownership.pdf
Fanny and Freddie? FDIC? Government owned Export-Import Bank of the United States (EXIM)? Government owned Hospitals? There's a number that are owned by State Governments Airports? Liquor Stores? Lotteries? Utilities? Transit Systems? Also lots of them owned by Governments in the US