Only "could be"?
The Scandinavian model is oft cited by socialism's
fans as the best in the world. Has any socialist
economy done better?
....though of course there have been non-capitalist economies that generated social benefits to a greater extent than comparable capitalist economies. Compare Cuba's record on housing, health care, still born rates, education etc to neighbouring countries.
Authoritarian governments can readily achieve goals
simply by fiat. They're unencumbered by elections &
changes in administrations & political parties. But
despite their successes, eg, Soviet space program,
their economies still suffer. And of course, the kind
of centralized power necessary to impose socialism
also results in social oppression.
The Soviets transformed the living conditions of tens of millions of people in a couple of decades.
With tens of millions of deaths due to starvation
& political purges. Is it really better if some of
the poor get security, but others are killed in the
process, eg, the Holomodor genocide?
Another poster has argued that socialism is great
because the serfs were better off after the revolution.
But this claim has never been supported.
The point is that how we allocate resources is a stronger determinant of living standards than how we generate them.
Under socialism, there are fewer resources to allocate.
And raising living standards isn't necessarily a goal
of governments that impose socialism.
If the goal is raising living standards, then let
that be
the goal. It's more possible under capitalism.
I wouldn't say that a market economy is the only requirement for capitalism or not having one the only requirement for socialism.
No, that is pretty much the criterion for each.
I'm a fan of socialism but I would agree that the places have or had systems we shouldn't seek to recreate.
Socialism's problem is fundamental, ie, that a powerful
central government is necessary to impose it, ie, to
prevent all free economic association. That kind of
power has historically inexorably led to oppression.
Lots of socialists don't (and never did) want anything like the Soviet Union. My own guess is that most people who call themselves socialist want a system where workers own more enterprise, trade unions are stronger, public goods are publicly owned, the levers capitalists use to extract unearned wealth are disabled, economic exploitation is drastically reduced, and our national economies are designed to produce outcomes that put the needs of the many above the whims of private interests. I think most capitalists would call this socialism. I've read enough of your posts to understand that you maybe wouldn't, and I'm fine with calling it capitalism for our purposes.
Socialists dream of what they want.
But beware unintended consequences.