wouldn't taxes funding the police/military be socialism? It's necessary to a certain degree. I don't want my tax dollars funding safe injection rooms for drug addicts and shit though..
I don't know a whole lot about this stuff though and welcome correction.
Socialism and capitalism are two methods of managing the economy.
Socialism is the government managing the economy, which means the government decides what to produce, what job people do, and what people consume.
Capitalism means free market. The presence of taxes and public services does not change the nature of the economic system. For example Scandinavian countries have very strong safety net and high taxation, but they are capitalist countries because they have economic freedom.
wouldn't taxes funding the police/military be socialism? It's necessary to a certain degree. I don't want my tax dollars funding safe injection rooms for drug addicts and shit though..
I don't know a whole lot about this stuff though and welcome correction.
Socialism and capitalism are two methods of managing the economy.
Socialism is the government managing the economy, which means the government decides what to produce, what job people do, and what people consume.
Capitalism means free market. The presence of taxes and public services does not change the nature of the economic system. For example Scandinavian countries have very strong safety net and high taxation, but they are capitalist countries because they have economic freedom.