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I wouldn't say that Democratic Socialism as practiced today plans the future and allows only planned changes. It does appear (I'm an American so my view on this matter could definitely be skewed) to be more risk averse - though I think that's an unintended consequence and not a feature.

Since my original assertion was that markets aren't actually real, it makes sense that fundamental politics plays a far greater role than many people suspect. I would say that Americans should be learning this lesson at this very moment.


> I wouldn't say that Democratic Socialism as practiced today plans the future and allows only planned changes.

In other words, Democratic Socialism can't account for the future either, maybe it can mitigate some risks a bit better but it's still capitalism with similar risks of disruption-inducing changes.

If we exclude planned socialism from consideration, there would be no reason to single out capitalism for its unpredictability because the rest aren't materially better and arguing about it wouldn't add any insights.

> fundamental politics plays a far greater role than many people suspect.

It does indeed.

> I would say that Americans should be learning this lesson at this very moment.

Popular understanding cannot increase itself, it can only follow education, media and academia but it's lacking there either.

Is Democratic Socialism better at handling or responding to disruption-inducing changes? Or is that what you meant by your statement that maybe it can mitigate some risks better?

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