we've touched upon socialism and capitalism in this thread. i have often wondered if socialism and capitalism go hand in hand. at first i believed as many believe that capitalism is socialist progression from feudalism. capitalism, however, has always been the structure of society, even if at points certain individuals or nations perturbed the efficiency of the free markets.
is it not possible for capitalism to evolve into socialism? if the greatest means of production were information and all information were made free and public, is this a socialist or capitalist society? the reason for property rights stems from the tragedy of the commons. but with information, a non-scarce resource, you have what is known as a comedy of the commons where by information becomes more valuable as more ppl use it.