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GamingChartzFTW said:

TheRealMafoo said:

 

A world with no money, is socialism. Communism

*face palm*

The Soviet Union and China = Semi Communist. After the initial 'state revolutions' (the Russian revolution was actually a Coup d'état spawning a civil war between Bolsheviks and Mensheviks) command economies/central sector planning was implemented.

Romania, Yugoslavia etc. used to be Socialist States.

Denmark (already mentioned in this thread) is a Capitalist (Social Democratic) Northern European Nation. Not a socialist country. The average yank don't know European Geography, nor do they know that much about the Economic History of Europe (there are exceptions to this rule). Denmark is a capitalist society with an independent central bank, stockexchange etc. A free market in every sense of the word. France, Ireland, UK, Germany, The Netherlands, Sweden, Iceland, Norway, Finland, Austria, Switzerland, Italy etc. all resemble capitalist Denmark. Again.. Europe is not socialist. Fact.

america is the "extreme" capitalist state on this planet. This explains why so many uneducated americans (some of them news anchors) view every other capitalist nation on earth as ''socialist' or "almost socialist". Lecturers and professors always had a hard time explaining this to their student masses.

Btw..interesting discussion.

Good Luck with your thread mafo

This is exactly the point I wanted to clear two or three pages before. Thanks for writing this!