this post was submitted on 25 Nov 2025
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Explain Like I'm Five
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I don't believe "fairness" is a defining characteristic of Capitalism. Can you please provide a definition of Captialism so that I can be sure we are talking about the same thing?
I didn’t say it was a defining characteristic of it. Just that if it works as it should, anyone has a chance at success.
What you did was exactly my point. You tried to compare socialism at its best against capitalism at it worst. If that fair, then let’s compare Singapore today vs. Bulgaria in 1989.
Or would you say that’s unfair?
I think you are confused. I don't believe I've tried to make a comparison between socialism and capitalism in this thread. Perhaps that was someone else?
Oh! My apologies! I have gotten accustomed to not looking at usernames for some reason.