Capitalism vs Socialism Debate

Comments debate the definitions, merits, and real-world implementations of capitalism, socialism, and communism, often distinguishing mixed economies like social democracies from pure ideologies and citing examples from the US, Scandinavia, USSR, and China.

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Keywords

e.g OR US HN OK USSR CCP GDP wikipedia.org capitalism socialism communism capitalist economic welfare democracy state government socialist

Sample Comments

FrustratedMonky Apr 24, 2024 View on HN

Think you are mixing up Communism and Socialism.Socialism is alive and well and working.Every major capitalist society today (including US) has a percentage of Socialism sprinkled in to keep it functioning. Pure capitalism leads to a brutish tragic world, so some socialism is added to at least keep people from outright starving and rising up in revolution.

masklinn Aug 28, 2014 View on HN

> This is all sick in it's own way, but it's not capitalism.In the same way that the USSR wasn't communism. Does that matter if it's the result when you don't just deal with spherical humans in a vacuum?

dmichulke Mar 26, 2015 View on HN

OK, I see your point :)Here's what I mean:Capitalism is (as democracy) not a yes/no thing. Instead, it is one extreme of a scale and every state has a value on that scale and can can be more or less capitalistic (democratic). Less capitalistic in this context means more centrally planned, typically by an actor of the state (government, council for economic planning, ...).The problem I see in the typical use of the word "capitalism" is that many flaws of the current

mfru Oct 8, 2025 View on HN

You are not living under socialism, but under capitalism, don't try to paint it another way.

Schroedingersat Oct 18, 2022 View on HN

Consumer capititalism and state capitalism aren't the only two options.Especially if the state capitalists and consumer capitalosts stop murdering people who try them out.

ignasl Oct 30, 2016 View on HN

"capitalism capitalism capitalism" - Absolutely all countries are capitalistic including USSR and North Korea. The only difference is who controls the capital. To be for or against capitalism is the same as to be for or against the wind. Ironically in free market capitalism capital actually belongs to people and the more left leaning the country is the more capital and power belongs to some of the selected few who got there not because of their merits but for being good politicians or

nicoburns May 17, 2022 View on HN

What you're missing is that the alternative to capitalism isn't necessarily communism. It can be wrong to argue for capitalism and wrong to argue for communism.I would for example argue that, while still imperfect, European-style "social democracies" that combine a market economy with a strong social state are a lot better a system than either Soviet-style communism or US-style capitalism. They certainly tend to do much better than both on the metrics you mention li

fastball Nov 24, 2021 View on HN

Seems like you're making a swipe at capitalism, but this behavior is also rampant in socialist economies (e.g. was very widespread in the USSR), so I don't think the economic system is to blame.

baconbrand Aug 4, 2025 View on HN

You haven’t listed anything unique to socialism. Capitalism also works well until you’re poor and don’t want to live right next to, I don’t know, a bitcoin mining facility or something. Authoritarians are the ones running down dissidents with tanks and spinning up concentration camps, not their economic systems.

eru Dec 29, 2022 View on HN

Have a look inside Mao's China or Soviet Russia to cure you of the notion that capitalism is special here.Doom and gloom have been around for longer than a money based economy, too.