moid on Nostr: My bad on profits. The problem with these conversations is the term ‘socialism’ ...

My bad on profits.

The problem with these conversations is the term ‘socialism’ in its purest form has no cooperatives, so I assume you don't mean that?

If you go pure socialism, it fails catastrophically.

If you do mean pure socialism, I am happy to talk through how you think that has made any countries better off?

Let’s stat with definitions.

Define: "Pure capitalism"
Define what you mean exactly by the word “Socialism."