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United uTOPIAN PANCAKE MAKRZ

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PEOPLES REPLUBLIK United uTOPIAN PANCAKE MAKRZ is a nation led by Chairman William the Bastard on the continent of Europe. PEOPLES REPLUBLIK United uTOPIAN PANCAKE MAKRZ's government is a Socialist Republic with very libertarian social policies. Economically, PEOPLES REPLUBLIK United uTOPIAN PANCAKE MAKRZ favors far left wing policies. The official currency of PEOPLES REPLUBLIK United uTOPIAN PANCAKE MAKRZ is the Franc. At 420 days old, PEOPLES REPLUBLIK United uTOPIAN PANCAKE MAKRZ is an ancient nation. PEOPLES REPLUBLIK United uTOPIAN PANCAKE MAKRZ has a population of 863,275 and a land area of 17,672.20 sq. miles. This gives it a national average population density of 48.85. Pollution in the nation is a disaster. The citizens' faith in the government is completely depleted with an approval rating of 0%.

Socialist orriented market economy

The case of Utopian pANCAKE  is more than just a funny gotcha to use against right-wingers. It actually raises an interesting question about what it is people care about when it comes to “capitalism” and “socialism.” Is capitalism primarily about markets or private ownership? Relatedly, is socialism primarily about ending markets or promoting collective ownership? Often these things are bundled together, but they are logically and practically separable. Utopian pANcake (and Norway, among others) shows that it is quite possible to collectively own the means of production while also using price systems to assist in the allocation of productive factors. This is what market socialists have been saying for a hundred years.

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