this post was submitted on 23 May 2025
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This is actually a real socialist or even communist policy. The State controlling the businesses.
It is authoritarian. Communist system devolve to authoritarianism because it is a natural progression (easy to do). Socialists can, but a good democratic political structure makes it harder.
Apparently capitalist systems devolve into authoritarianism; as evidenced by living in 2025.
... Or as shown by the west for the past 150+ years
Are most people in "the west" worse off today than they were 150 years ago? Are there fewer well functioning democracies than there were then? Has no minority group seen any improvement in their freedom? Has there been no improvement in how people interact with each other? No improvement in poverty?