The difference between capitalism and the rest of the ism’s is the simple act of dreaming and pursuing that dream and gaining traction from investors who believe in your dream and getting a break by the IRS when you put out the effort to make a better mousetrap.
That doesn’t exist on any scale in a Socialist World. The only reason they have had any traction is they were competing with Free Market Countries.
On the other hand Socialist Countries tend to be more honest and don’t hype you at the Doctor’s office, the pharmacy, the real estate office, the investment office, the car dealer, and the grocery stores and other shopping places.
Socialists don’t promise what they can’t deliver, don’t hype what doesn’t work, don’t sell you ARM loans that lead to personal disaster.
Both are dangerous on a world scale when it comes to encroaching for the sake of resources. Financing one disgruntled side against another disgruntled side. They both seem to have endless money supplies for wars and acquisitions.
All countries are competing to win the Hearts and Minds of the populace in all countries and that undermining is a constant aggravation and leads to hot button political rhetoric.
Who is caught between all of this? The average schmoe. Me and You are. Who get’s the lion’s share of the proceeds? The Pharmacies and the Insurance companies, all backed by Wall Street and the Banks.