The DEQ has approved Nestles water withdrawal permit , and we are now known as The Great Desert State <| sep |> Thanks for taking a thoughtful and nonantagonistic tone , I ' m happy to discuss . Socialism and capitalism can mean many , many different things . Consider two examples . You have completely unregulated labor , investment , and consumer markets EXCEPT for a very large and very progressive tax that is massively redistributive . This would be massively more egalitarian , and with things like UBI labor might be significantly more insulated from exploitation , but this still is flawed with regards to socialcultural issues , corporate capture , public goods , negative externalities , and monopoliesmonopsonies . Second scenario . You totally abolish capital investments in corporations and only allow employeeowned organizations . There are still MANY flaws . Within organizations certain employees can exploit others e . g . nurses exploiting nurses assistants via outnumbering or out statusing them . And it still doesn ' t deal with other market failures unrelated to capital exploitation in labor markets . Climate change can still happen , roads can still go unbuilt , advertisements can promote rampant consumerism , etc . All this is to say socialism is much more than simply workers owning means of production . Current socialist thought focuses on many other areas where collectivism is necessary .