It was nice knowing Raspberry Pi while they lasted. Going to suck losing something that has changed the homegrown embedded system hobby forever.

  • NotAnotherLemmyUser@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    6
    ·
    5 months ago

    I’m just going off of the definition here:

    https://www.merriam-webster.com/dictionary/socialism

    any of various egalitarian economic and political theories or movements advocating collective or governmental ownership and administration of the means of production and distribution of goods.

    We definitely don’t have a pure capitalist economy since that would mean that there is no government intervention in the market.

    And we do have parts of the economy that are owned/run by the government as socialism would suggest.

    What would you call it, if not a mix of capitalism and socialism? Maybe a mix of Capitalism and Communism would be more accurate?

    This article would seem to suggest that: https://www.investopedia.com/terms/e/economy.asp