I see some debates here about socialism lately, people argue about what they read about it on internet or heard, didnt want to bomb threads and maybe this could be an interesting read for some of you.. As a guy who lived in both socialism and capitalism, first thing i will say is socialism ( as i t was in yugoslavia ) wasnt that bad really, and it really isnt that different from capitalism in everyday life: we all did wake up, go to work, get paid, eat, sleep, hang out ,go to concerts, party hard, drink heavy, smoke weed, had sex, did whatever, its not like time stopped or we were not "free" or whatever bs i read on internet today, like "in socialism there is no music" i was like WTF... Generally as a political system of a country, here are good and bad aspects of socialism as it was in everyday life: bad aspects - missing out on technology. When rest of the world had colour TVs, we were still on black and whites. When they had VCRs, we had colour TVs. Right now we would probably be at Nokia 3310 phones. In reality this isnt a real problem for humanity, but desire to be the best and having advanced shit is a part of human nature. - ugly ass buildings / structures. Also not sure if this was to blame on socialism or just architects of the time, but some of that shit really makes you wonder. Most of them still stand and are pretty damn sturdy, material was not spared, literally everything was made of reinforced concrete... - if your dream is being financially wealthier than others, you re probbly not gonna be able to do it. Everyone was a part of solid, stable middle class. There ofcourse were richer and poorer people, regular worker normally was paid less than a company director, singers and celebrities were wealthy, but differences in wealth were vastly smaller ( it also has some upsides compared to todays capitalism, since today random instagram hoe earns more money than an average professor ). - It was really hard to own a big private company, cause competing with state run businesses was damn near impossible. Private businesses were mostly small, family ran businesses with less than 10 workers. good aspects - everyone had a job. Literally. You finish school, you get a job ASAP based on what school/college you graduated in. When you get a job, state gives you a house or apartment based on your family size, for free, and its yours ( ie my father had 3 children so we got a 3+2 room apartment from his company ). When you die, your children inherit it, it belongs to your family. So practically no homeless people. - Cause everyone had a job, working was far less stresfull. Companies werent competing, so there was no reason to fire people just to increase profit for a company, so every company had like 50% more people than it should. IE my grandad worked in a iron factory that had over 1000 workers. After we adopted capitalist democracy, same factory with same machinery and production rate worked on 300 workers, and later shut down cause it was cheaper to import iron from wherever... - Free health care for everyone. We still have this system here. You could ofcourse, always pay for a private doctor if you feel he can do a better job at certain situations, but 95% of time you just go get fixed for free, whatever it is dental or medical. Stuff like plastic or cosmetic surgery obviously arent included. Whats worrying though is the way we were enforced to adopt capitalism, just a couple of years of targeted media made us hate Serbs and vice versa to the point they invaded us with tanks, soon enough both sides were armed and went on to full on war with people we were friends and family for generations. Ofcourse it all made chaos, inflation, companies were ruined, and made it all possible for Germany, Italy, USA and others that happily provided weapons for both sides, to buy our companies for like 1$, and so now 80% of Croatian companies ( telecomunications, post office, banks, you name it ) are owned by ones that provided us weapons to kill eachother, but we are now supposed to be happy cause were free from the grasp of socialism. For socialism to work today it would require alot of changes. To me it is stupid to make this black and white separations between anything, let alone something as complicated as political systems. If I was to choose, I would probably keep some form of capitalism, cause i believe healthy competition is good ( except this todays form of capitalism is not healthy competition at all ) , but i would try to implement some things from socialism, probably some new ideas too. Thats my 2 cents, its not to be agreed or disagreed with, its just my opinion based on my experience. Cheers!