Yogthos on Nostr: I think it's really important to educate people on what an economy actually is. It's ...

I think it's really important to educate people on what an economy actually is. It's fundamentally a system for allocation of labour and resources in a way that meets the needs of the people living in a country.

The argument for capitalism was that it did a better job at this than the alternatives. However, it's increasingly clear that this isn't the case in practice.

What we really need to focus on here is the ownership of the means of production in my opinion.