I am in favor of socialism, and if I was forced to choose between &quot;socialism&quot; and &quot;capitalism&quot; on a survey I would pick socialism. But this does not mean I reject capitalism. I am generally in favor of free markets and private property. But I want taxes on externalities (eg. pollution), and I want enough wealth redistribution to prevent the kind of extreme inequality we see in America and similar countries. Countries generally considered capitalist already have some taxation and wealth redistribution. The question of &quot;capitalist&quot; as the article calls it vs. &quot;socialist&quot; is a matter of degree, not a binary choice. I think we should move further towards the socialist side, but that does not mean I want a centrally planned economy and everybody to have exactly the same wealth.