What is Capitalism? What is Socialism?

[crazytown]

3. United Kingdom Labour 1945

“The Labour Party is a Socialist party and proud of it”

After 1945, Labour nationized the Bank of England, the coal mines, civil aviation, cable and wireless services, gas, electricity, health, railways, road transport and steel. These industries were integrated into a national plan.

You argue this is not socialism because the workers did not directly own the enterprises/ industries in which they worked. Neither did the workers in the Soviet Union.

But in other words, the closest thing to Democratic Socialism in the real world does not pass the test so that the world has never seen ‘real’ socialism at scale.

Never mind that the Labour Party was a workers party where power was shared directly the Trades Unions.

At best, your definition of Socialism is eccentric.