Difference between Capitalism and Democratic Socialism?

Democratic Socialism = Keynesian Economics and Capitalism = Laissaz-Faire?

10 Answers

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  • 3 weeks ago
    Favorite Answer

    That's not entirely true. There is no leave-be capitalism in the US, we have Liberal Capitalism. The government has the authority to prevent the sale of private property to prevent monopolies, and there's restraints on what you can and can't sell. It isn't unfettered capitalism at all.

    Democratic Socialism is using the political framework of your country to ease towards fully achieved communism. It's closer to fascism than to leave-be capitalism. Nationalization of industry has nothing to do with free market enterprise. Also, Mussolini praised Keynesianism, said it was a good introductory course to fascist economics.

    http://econlib.org/library/Columns/y2015/Samuelsfa...

  • Zirp
    Lv 7
    3 weeks ago

    Are we talking about ACTUAL Socialism, or about the american newspeak-term for SOCIALDEMOCRACY?

    Scandinavian and Rhineland-capitalism are still capitalism... means of production in private hands, production prioritising profit over planet and people, pointless competition for jobs and customers, prices and wages determined by supply-and-demand, doctors having more income than miners.

    Actual Socialism abolishes capitalism and unemployment, and is always democratic.

    the means of production are owned by the workers/people and THEY have to decide what to produce and how much of it.  One reason the warsaw-pact collapsed is that those decisions were made by some overcentralised government-burocrat

  • 3 weeks ago

    There is no such thing as Democratic Socialism. A genuine democracy and socialism are mutually exclusive entities. The term "Democratic Socialism" was invented by liberals to make socialism sound more palatable to people who don't know their true definitions.

    In a true democracy there are no laws. Any and all decisions, no matter how important or trivial, are made by a vote of the citizens. In a socialist society the central government is all powerful and makes the majority of decisions.

    .

    The two entities are therefore mutually exclusive and there CANNOT be such a thing as Democratic Socialism.

    • "There cannot be Democratic Socialism." You sound like those fairies who say National Socialism is a contradiction. You're a hypocrite.

  • 3 weeks ago

    Efficiency.

    DS pays a little to everyone, working or not

    Cap pays people what they earn. Gives them freedom and mobility.

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  • 3 weeks ago

    False. Socialism is government ownership of the means of production, the exact opposite of free market capitalism and laissaz-faire.

  • Anonymous
    3 weeks ago

    None. All the countries that have democratic socialism, is a capitalist country.

    The system is that all tax revenue is spent on the people living in the country.

    • Take a high school civics course, retard. DemSocs and Communists are both communists. DemSocs use the framework of the government to achieve communism, Communists use force.

  • Democratic Socialism = Socialism wearing lipstick

    • Take a high school civics course, retard. DemSocs and Communists are both communists. DemSocs use the framework of the government to achieve communism, Communists use force.

  • the difference is huge, given that one is an economic term and one is a political term

  • Ro
    Lv 7
    3 weeks ago

    Democratic Socialism is just a new label on the old, worn out, proven to fail socialist ideology.

    • Take a high school civics course, retard. DemSocs and Communists are both communists. DemSocs use the framework of the government to achieve communism, Communists use force.

  • 3 weeks ago

    Both systems are corrupt and unsustainable. 

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