• milan •@feddit.nltoReddit Migration@kbin.social•Is this the beginning of the next tech bubble bursting?
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1 year ago“enshittication” is actually a term coined by Cory Doctorow in this article: https://pluralistic.net/2023/01/21/potemkin-ai/#hey-guys
It’s a great read.
Your definition of socialism is false. Socialism is when the means of production are owned by the workers. This is incompatible with capitalism, where the means of production are held by those who own capital. In simpler terms, under socialism workers have agency over how their workplace whereas under capitalism that is decided by a CEO/board of directors.
What you’re describing is a social democracy, which is a more socialised version of capitalism.