If one person or small group has the power to overtake all others, you're right its not socialism.
The point of socialism is to spread the power and responsibility amongst all citizens of a society. If you "give" one person or one group of people power over the majority, its no longer socialism.
That has been the big failing of so-called socialist or communist governments. One small group of people impose their ideals on the masses and slap a sticker of "Genuine Communism" on it thinking they've solved it.
But they haven't, they've just mislabeled their dictatorship. Either mistakenly or intentionally.
yes i think sociaalist ideal would involve any acculumaltion of power being regulated so as to effectively work for society not individuals, especially not those individuals managing the power.
It's just a tricky ideal due to greed and corruption that do seem to emerge.
interestingly those same forces erode the social benefits of free (competetive) markets - as their ideals also deteriorate when some can can accumulate market (/ economic/ financial /political power) faster than any "free market" competition can effectively erode it.
If one person or small group has the power to overtake all others, you're right its not socialism.
The point of socialism is to spread the power and responsibility amongst all citizens of a society. If you "give" one person or one group of people power over the majority, its no longer socialism.
That has been the big failing of so-called socialist or communist governments. One small group of people impose their ideals on the masses and slap a sticker of "Genuine Communism" on it thinking they've solved it.
But they haven't, they've just mislabeled their dictatorship. Either mistakenly or intentionally.
yes i think sociaalist ideal would involve any acculumaltion of power being regulated so as to effectively work for society not individuals, especially not those individuals managing the power.
It's just a tricky ideal due to greed and corruption that do seem to emerge.
interestingly those same forces erode the social benefits of free (competetive) markets - as their ideals also deteriorate when some can can accumulate market (/ economic/ financial /political power) faster than any "free market" competition can effectively erode it.