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@ Yogthos
2025-02-24 13:55:51Crucially, capital accumulation by private individuals is absent in this model. Profits generated by state industries are reinvested directly into public services, infrastructure, and long-term national development. While valid critiques can be made about organization of SOEs or potential worker alienation within their hierarchies, the system’s focus on collective welfare, rather than private profit, makes it fundamentally different from actual capitalism.