Open Socialism a compelling alternative to democratic capitalism


Societal metrics demonstrate the idea of assessing different systems, but require a lot more work and research to be usable. Assessing DC is attempting to apply the metrics using general knowledge and logic. The ultimate goal is to have metrics that are purely assessed with data. For now this is a very draft approximation.

DC is pretty good in terms of safety as the government regulates industry with safety requirements. Although, sometimes this can be an issue as:

  • The government is always playing catch up as new laws are required due to changing technologies.
  • Making goods and services safe costs money which works against a companies’ core goal of making money. This can lead to corners being cut to increase profit at the cost of safety.

The Result

Assessment: 8/10