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  2. Socialism for the rich and capitalism for the poor - Wikipedia

    en.wikipedia.org/wiki/Socialism_for_the_rich_and...

    In winter 2006/2007, in response to criticism about oil imports from Venezuela, that country being under the leadership of Hugo Chávez, the founder and president of Boston's Citizens Energy Corporation, Joseph P. Kennedy II, countered with a critique of the U.S. system which he characterized as "a kind of socialism for the rich and free ...

  3. Free market - Wikipedia

    en.wikipedia.org/wiki/Free_market

    Although laissez-faire has been commonly associated with capitalism, there is a similar economic theory associated with socialism called left-wing or socialist laissez-faire, also known as free-market anarchism, free-market anti-capitalism and free-market socialism to distinguish it from laissez-faire capitalism.

  4. Socialist economics - Wikipedia

    en.wikipedia.org/wiki/Socialist_economics

    Public enterprise employee managed market economies, another form of market socialism in which publicly owned, employee-managed production units engage in free-market exchanges of goods and services with one another as well as with final consumers, e.g. mid-20th-century Yugoslavia.

  5. Socialism vs. Capitalism: What Does Gen Z Think? - AOL

    www.aol.com/socialism-vs-capitalism-does-gen...

    Capitalism vs. Socialism: Free Market vs. Government Distribution. The primary difference between socialism and capitalism is the role of government. In socialist economies, a central body — the ...

  6. Socialism - Wikipedia

    en.wikipedia.org/wiki/Socialism

    This is an accepted version of this page This is the latest accepted revision, reviewed on 29 January 2025. Political philosophy emphasising social ownership of production For other uses, see Socialism (disambiguation). Part of a series on Socialism History Outline Development French Revolution Revolutions of 1848 Socialist calculation debate Socialist economics Ideas Calculation in kind ...

  7. Market socialism - Wikipedia

    en.wikipedia.org/wiki/Market_socialism

    These models of socialism entailed perfecting or improving the market mechanism and free price system by removing distortions caused by exploitation, private property and alienated labor. This form of market socialism has been termed free-market socialism because it does not involve planners. [14] [15]

  8. Argentina's Milei praises free markets, slams socialism at Davos

    www.aol.com/news/argentinas-milei-meet-uk...

    DAVOS, Switzerland (Reuters) -Argentina's libertarian President Javier Milei praised free markets and slammed socialism at Davos during the first overseas tour for the self-proclaimed 'anarcho ...

  9. Social ownership - Wikipedia

    en.wikipedia.org/wiki/Social_ownership

    The most notable thinker belonging to this school of thought was the Viennese philosopher and economist Otto Neurath, whose conception of socialism as a natural, non-monetary economic system became widespread within the socialist movement following the end of World War I. Neurath's position was held in contrast to other socialists in this ...