What is "socialism"? - An attempt to clear up myths/misconceptions

[DonFerrari]

Leadified said:

DonFerrari said:

Work that can be easily substituted and that the government impose a minimum wage will move to places where they can do it, because in case you haven't forget customers also keep requesting smaller prices.

Well there you go, now you know why capitalism drives exploitation.

Sure summarizing People want higher wages doing less work while also paying less for more product (an antithesis that can only be met by increasing productivity and lowering other costs, unless of course government impose several restrictions that make that balance impossible). That is basically also why Socialism wouldn't ever work.