But if the majority of the productive forces are primarily privately owned it is a capitalist system. Capitalist and socialist as adjectives are separate from ‘Capitalism’ as an economic system. What you are describing is a capitalist system with socialist elements and sounds like what most developed nations have today.
I don’t know any serious leftist who would assume once we have a socialist system we are just done, any society will require work and civic diligence until we could build the technology to be in as some call it ‘Fully-automated luxury gay space communism’ or FALGSC.
But if the majority of the productive forces are primarily privately owned it is a capitalist system. Capitalist and socialist as adjectives are separate from ‘Capitalism’ as an economic system. What you are describing is a capitalist system with socialist elements and sounds like what most developed nations have today.
I don’t know any serious leftist who would assume once we have a socialist system we are just done, any society will require work and civic diligence until we could build the technology to be in as some call it ‘Fully-automated luxury gay space communism’ or FALGSC.