Comment Re:Oh for fucks sake (Score 1) 615
When the mill down the road was going to shut down, the workers got together and bought it. Now they're all still working, perhaps not for as high of wages as previous but on the other hand they have a bigger stake in being successful and an understanding of what limits their wages. That is a form of socialism, the workers owning the means of production and government involvement was minimal. (I believe some property taxes were deferred and the amount owing reduced, much the same kind of deal that other companies get)
That isn't socialism. Again, socialism means state controlled means of production. Socialism also means an end to the forces of supply and demand because the government just sets whatever price it wants.
Free market by definition means that prices are governed by the forces of supply and demand. That's really all there is to it. Contrary to common slashdot belief, a monopoly typically isn't a free market because then prices typically aren't subject to supply and demand, or at least the forces of supply and demand are severely diminished.
As for your mill, so long as its product is traded on the free market, and the government doesn't own it, then by definition it is capitalism. Doesn't matter who owns it.
Communism would mean that nobody owns it, not even the workers (theoretically, as there's no government either,) and they give away its product free of charge to just anybody who asks, in exchange for nothing at all. It doesn't take a genius to see that this wouldn't last long, and in all cases it hasn't. Every time somebody has built a commune, it collapses quickly. When I tell people this, they often point to communist China, USSR, etc. But if you look at how those countries work, they weren't communist at all. The USSR was one of the few cases of pure socialism, see my post below.