Capitalism is not the only method of producing Capital. On the contrary, once competition plays itself out and monopolies form, it loses efficiency in doing so. Yet, we cannot simply introduce new Competition, and to break up monopoly just reduces efficiency. Rather, the next step that makes logical sense is to fold them into the public sector and plan them accordingly.

Socialism is not “social programs.” Socialism is a mode of production characterized by collectivization and planning in the primary of an economy.