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The term "socialism" seems to be used in many different ways in this forum, something which I think now and then causes quite much confusion. Sometimes "socialism" is used as an opposite to "capitalism", sometimes it's used for all political systems with a social wealthfare program, and sometimes the definition seems more to be related to some specific tax rate or size of the public sector.
How do you "define" what is "socialistic"?
By tax rate?
By degree of public ownership of companies?
By something else?
What countries would you classify as "socialistic"?
How do you "define" what is "socialistic"?
By tax rate?
By degree of public ownership of companies?
By something else?
What countries would you classify as "socialistic"?