what you're describing is socialism
as I said, it's a mixed economy
Discussion
Don't substitute concepts. I described capitalism specifically. And in the modern world, capitalism can exist only when it is backed by the strongest military, capable of destabilizing the situation in any oil-rich country.
Iran and Venezuela are the next candidates to feed the AI bubble.
ok since you've defined your terms like that then yes, I agree "capitalism" is bad
still a little better than full socialism
but of course laissez faire voluntarism is the ideal
The fact that communism turned Ukraine into an energy-developed state does not negate the existence of regions where communism did nothing. Yes, they received benefits from communism, but the entire Soviet "machine" was working for those benefits. In other words, it is probably wrong to expect capitalist Ukraine to do what the Soviet Union did, and what Ukraine itself did as part of that union. But honestly, the scale of Ukraine's decline after the Soviet period is striking. This is a rare case where the showcase of capitalism looks worse.