Originally posted by Kontiki
Capitalism IS fundamentally a free market system. However, you can put a certain number of restraints on the free market and still have the essence of capitalism - private ownership of capital and production for exchange-value.
Capitalism IS fundamentally a free market system. However, you can put a certain number of restraints on the free market and still have the essence of capitalism - private ownership of capital and production for exchange-value.
A notable un-free market that was capitalistic was nazi Germany. The holders of capital (the owners of the Konzerne) produced items that they sold for their exchange-value. The job market was barely free, wages were fixed, and the capitalists did earn huge profits in the operation.
Yet, the economy was extremely interventionistic, was full of favoritism (it's not like the German markets were open to the competition). This is the antithesis of capitalism per Berz's definition. This does correspond to a particular brand of capitalism by yours.
But what is the essence of communism besides not capitalism? State ownership? Worker ownership? No ownership? State mandated prices and production? Still a free market driving demand? Equal wages? Wage disparity based on task complexity? Effort? Performance? What?
For Communism, ask Che. He's a Communist, and I'm not (I don't think Odin and Azazel are Commies either).
For Socialism, the primary idea is the collective management of the means of production, even if the particulars may vary (be it done through public ownership, worker ownership, no ownership, or heck, a Socialist could even come up with the idea that the private owner is still here, only that he has no power nor share of the profits whatsoever

The concept is often called "public ownership of the means of production", but the people who use that phrase may do it out of simplicity, and not necessarily envision a system where the worker has shares in their company.
The State-interventionism in a Socialist economy doesn't belong to its fundamentals, just like it isn't a central aspect to define capitalism: if Sweden can be a capitalist country (and it is), pretty much every country could be capitalist.
The amount of wages / welfare is again not a central aspect to define Socialism, although it had been historically used to rally supporters. Just like under capitalism, where you'll see some societies striving to reduce income unequality, while others encourage income disparity.
The nature of the market is no central point in the definition either. Some will support a free or free-ish market, some others will support a planned or planned-ish economy. Just like some Capitalists have supported planification in the past (France in the 1950's had plans that actually meant something), and now many capitalists support a grade of free-market that would have passed as insane decades ago.
In short, we Socialists vary on the particulars, which are also open to debate in a capitalist system. We are however united on the one firm principle that the means of production should be publicly managed, rather than managed by the owner. I don't think you could find a Socialist or Commie that disagrees with that. You may find some people in the CPA who disagree with that statement, however, but I don't see their belonging to the CPA as caused by the willingness to have a Socialist or Communist economy.
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