This is silly socialist sophistry. Words means things, and socialism specifically means gov't ownership of capital which necessitates authoritarian control of people's economic decisions, which inevitably degenerates into mass violence. Rothbard explains:https://mises.org/library/end-socialism-and-calculation-debate-revisited …
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To call this being "controlled by the community" is a malicious double lie -- the electorate of a typical state does not form a community of people who talk to each other peer-to-peer, and the actual legal control is in the hands of only an extremely small number of officials.
True, but it does tend to come closer to being a free market than most of the popular plans pushed by politicians.
