Owen

“It's distinct from communism in that the government does not have free rein over every aspect of the market, but it's not the same as capitalism where the free market determines everything.”

Owen · said date not stated · reported 2026-10-25

Owen distinguished socialism from communism and capitalism in describing government control of the market.

“I think they kind of have a more idealistic image of it.”

Owen · said date not stated · reported 2026-10-25

Owen said people have an idealistic image of socialism rather than a full grasp of its meaning.

“Absolutely. I feel like many people don't really understand, I feel, the full grasp or scope of what socialism really means,”

Owen · said date not stated · reported 2026-10-25

A student named Owen acknowledged that many people don't fully understand what socialism means.

“It's an economic system where certain aspects [of the economy] are controlled by the government such as health care, possibly housing, agriculture, general necessities,”

Owen · said date not stated · reported 2026-10-25

Owen defined socialism as an economic system where the government controls certain aspects like health care and housing.