- 24 Jun 2013 16:56
#14260498
Economically the UK is a 50 50 split. Half state sector half private sector.
Economically the country operates on a capitalist system.
Politically it operates on a socialist system.
Now the left says too much capitalism and the right says too much socialism.
But economically it's a 50/50 split between the socialised sector and the privatised sector.
Can socialism even exist without capitalism? I'm not sure it can.
I think that would then be called communism.(?)
But yes the split is 50/50 here. 50 pence in every £1 you earn goes to the taxman for use on socialised projects. The other 50p stays with you. You little capitalist you.
So we live in a capitalist socialist country. Like so many other countries do in fact. Politically socialist, economically capitalist.
Rei Murasame wrote:[Baff]a capitalist socialist economy[/baff]
I believe I have now seen everything. I cannot believe what I am reading.
Economically the UK is a 50 50 split. Half state sector half private sector.
Economically the country operates on a capitalist system.
Politically it operates on a socialist system.
Now the left says too much capitalism and the right says too much socialism.
But economically it's a 50/50 split between the socialised sector and the privatised sector.
Can socialism even exist without capitalism? I'm not sure it can.
I think that would then be called communism.(?)
But yes the split is 50/50 here. 50 pence in every £1 you earn goes to the taxman for use on socialised projects. The other 50p stays with you. You little capitalist you.
So we live in a capitalist socialist country. Like so many other countries do in fact. Politically socialist, economically capitalist.