any authoritarian for of socialism would be exploitive.
Capitalism is guns being pointed at people. It can't be sustained without the state enforcing items like "limited liability" with a state baked by violence.
My use of the phrase "exploitive capitalism" was meant to make a distinction between what I would call capitalism (which is always exploitive) and what some other people call capitalism, which I would call a freed market.
Capitalism and socialism are internal arrangements within each unit of production i.e. between owners and workers of that unit.
Capitalism: the surplus (net profit) goes to the owners
Socialism: the surplus goes to the labor/workers
Hybrid models are possible where surplus is split between owners and workers.
Free market and state controlled market are external arrangements (influence, coercion) between units of production and consumers..
Suggested reading:
1. Spontaneous order
2. Understanding socialism and understanding Marxism by Richard Wolff
Peace and love
