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Cake day: July 9th, 2025

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  • Because capitalism is monetary policy. The power structure is separate. In America, we have (had?) a democratic power structure. After years of the GOP attacking regulation, we have an oligarchy. Socialism is an economic system that can be compared/contrasted to capitalism. Communism implies socialism as its monetary policy but with a centralized power structure. How are the elites/leaders chosen in communism?