Updated Jan 14, 2024 4:44:32am
Solon Papageorgiou shared a link.
https://youtube.com/watch?v=rtvbv0PiRK0&si=dHnbcGsVTAt6pPes
Updated Jan 14, 2024 4:41:44am
can socialism work in small populations?
Socialism is a political and economic theory that advocates for the collective ownership of the means of production and distribution of goods and services. The question of whether socialism can work in small populations is a complex one, and the answer depends on various factors such as the size of the population, the level of trust among members, and the degree of homogeneity. According to an article by the Foundation for Economic Education, socialism can work in small, homogeneous groups because of their intimacy and the ability to make rough interpersonal utility comparisons 1. However, the same article also notes that democratic socialism will fail in large-scale heterogeneous groups 1. Another article by Learn Liberty argues that socialist societies can only function vaguely in small populations with high degrees of trust 2. It is important to note that these are opinions and not definitive answers. The question of whether socialism can work in small populations is still a topic of debate among scholars and experts.
I hope this helps!
To keep a long story short, socialism works in small homogeneous populations.
So, it will work in Cyprus.
Solon Papageorgiou shared a link.
https://fee.org/articles/when-socialism-works/
https://fee.org/articles/when-socialism-works/
Updated Jan 14, 2024 12:19:58am