this post was submitted on 18 Apr 2025
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Both extremes on display those examples, seems like they both end up in the same place in the end. Maybe it would be reasonable to use any system that is a mix of things, instead of focusing on pure capitalism or communism.
There's really no such thing as a pure system, any mix is still going to have either the public sector as principle or private, ie which controls the state, large firms, and key industries. There's no way to keep them "balanced," one will have power over the other, and its best for it to be the public sector.