Skip to navigationSkip to content

The Choice Isn’t Between Capitalism or Socialism

By Bloomberg

All countries practice a mix of both, and the U.S. isn’t the free-market leader some might thinkRead full story

Comments

  • Also share to
  • Even if we manage to change the terminology, people are still charging to polarised extremes because politicians want to drive a binary perception of the world. I’m not calling for more ‘Centerists’, I’m just saying we need leadership that doesn’t try to reduce the world down to two opposing sides.

  • We let words become the enemy of our concepts. Words rarely convey the full concept. As you say, we need nuance, and complexity.

    We need to teach people to see that real nuance and complexity, not be blinded by categories. Or to understand that they have a dangerously limited view if they oversimplify

  • I agree the terminology needs revision. Ultimately it's about how much the state does and increasing the role of the state in society and the economy is what Sanders & Co are pushing for.

    It's a lot easier to have a dominant state in social welfare for a population of 50 million than for one of 500

    I agree the terminology needs revision. Ultimately it's about how much the state does and increasing the role of the state in society and the economy is what Sanders & Co are pushing for.

    It's a lot easier to have a dominant state in social welfare for a population of 50 million than for one of 500 million. The scale requires decentralized solutions.

  • If you do away with the myopic labels and the passionate opposition that those labels allow, you’re left with a debate that bores too many people.

    The term “free market” often just means “a little less intervention” in practice. But debating policy nuances and increments of regulation just isn’t as

    If you do away with the myopic labels and the passionate opposition that those labels allow, you’re left with a debate that bores too many people.

    The term “free market” often just means “a little less intervention” in practice. But debating policy nuances and increments of regulation just isn’t as compelling to your average voter as the epic struggle of socialism vs capitalism.

  • In a polarized world where universal agreement seems impossible, how do we reimagine the definitions of these terms?

Want more conversations like this?

Join the Quartz community for all the intelligence, without the noise.

App Store BadgeGoogle Play Badge
Leaderboard Screenshot

A community of leaders, subject matter experts, and curious minds bringing nuance back to how we talk about the news.

Editors' Picks Screenshot

No content overload: our editors will curate the most notable and discussion-worthy pieces for you every day.

Share Screenshot

Don’t just read the story, tell it: contribute your ideas and experience to the dialogue.