Capitalism is unfolding exactly as Karl Marx predicted

[Simpleton]

I understood that and was commenting on those who do believe that and what they never think of.True, actual socialism would do that.

These policies and institutions COULD be called socialist, but it's more accurate to call them "socialist-like" since they're really not socialism per se. Strictly speaking, it could be well argued that publicly held companies for example, exude the most basic tenet of socialism whereby the means of production is owned and regulated by the community as a whole (shareholders) and democratically controlled (shareholder's meetings.)

That doesn't mean that our system of publicly held corporations is a socialist system in and of itself.

It's not a socialist system at all but there are socialist aspects, which is fine and helpful in moderation. My problem is that people use "socialism" like a boogeyman for whatever they don't like and assume it has some nefarious overtones when in reality there are aspects of socialism in most democracies around the world.

 

[Simpleton]

As Garry Kasparov has said, successful socialist societies are only possible because of prior wealth built on the back of capitalism.

I think it's hilarious when brainwashed millennials (and olders) think they know more about communism than a highly intelligent person who has actually lived both systems.

I don't disagree but this is another problem, the "capitalist" vs. "socialist" mindset. America is not a true capitalist society by any stretch of the imagination (majority, yes), but whenever these types of buzzwords are thrown around people take that mindset instead of realizing that the majority of the world is really on a sliding scale of capitalist/socialist.

There are very few pure capitalist or pure socialist societies out there and there is a gigantic difference between an authoritarian socialist/communist country and a democracy that has significant socialist tendencies in their system.

An authoritarian country is going to be a piece of shit whether it's capitalist or socialist.

 

[DCUDoomsday]

It's not a socialist system at all but there are socialist aspects, which is fine and helpful in moderation. My problem is that people use "socialism" like a boogeyman for whatever they don't like and assume it has some nefarious overtones when in reality there are aspects of socialism in most democracies around the world.

With very broad use of the term, sure. That doesn't mean the broad use is at all accurate.

 

[Chocolate Lab]

I don't disagree but this is another problem, the "capitalist" vs. "socialist" mindset. America is not a true capitalist society by any stretch of the imagination (majority, yes), but whenever these types of buzzwords are thrown around people take that mindset instead of realizing that the majority of the world is really on a sliding scale of capitalist/socialist.

An authoritarian country is going to be a piece of shit whether it's capitalist or socialist.

No doubt it's a sliding scale. But you have to admit we've always been to the end of the capitalist side. Certain forces like the author in the OP are trying to pull us to the left, however.