It may be possible that socialism and capitalism are just economic tools that can applied to different sectors of the economy depending on which works best in a given context.
While I wouldn’t agree that the ideologies of socialism and capitalism are compatible in determining economic relations within a country, I would say that socialism and even communism are compatible with markets, which is what I would say is the “tool” in that statement. Markets can be designed based on what is useful for that sector.
While I wouldn’t agree that the ideologies of socialism and capitalism are compatible in determining economic relations within a country, I would say that socialism and even communism are compatible with markets, which is what I would say is the “tool” in that statement. Markets can be designed based on what is useful for that sector.