Honestly anything that's required to live in the society IMO should be socialized. That way no corporation can decided how much my life is worth. I also believe that capitalism has been an extremely powerful tool to bring wealth to the middle class. Socialized Capitalism maybe. Is that possible? Some European countries have done it I guess. I'm no expert or politician, just a working man. Maybe somehow it can be done.

[–] Cowbee@lemmy.ml 4 points 2 weeks ago

Markets, not Capitalism, can be useful at lower stages of development. However, over time, they become more and more exploitative and inefficient, transforming into Imperialism across international lines. Public Ownership and Central Planning becomes more efficient with respect to the level of development of market industries.