this post was submitted on 20 Aug 2023
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Capitalism is where everything is owned by an individual
Socialism is where only the means of production are owned by the state, but the individual still has private properties
Communism is where everything is owned by the state
:che-smile:
This is not correct, I encourage you to do some more reading about how coats are made if you'd like to understand this better.
best way I've seen to tell someone to read capital lmao