While I don't view America as a pure communist country I believe that over the years it has slowly morphed into one that objectively is closer to Communism rather than Capitalism. I'm basing these views on the following four points. I am not saying that this is a positive or a negative only making an observation from what I see.

Aspect: Ownership Rights

Communism: Collective or state ownership of means of production.

Capitalism: Private individual or corporate ownership of means of production.

My View of America: Most of the means of production (PE back companies, VC backed companies, Publicly traded companies, farms, ect.) are owned collectively through pension funds and 401ks. As these firms are largely governed by the same large Asset Managers they are effectively collectively run on behalf of the general public.

Aspect: Economic Planning

Communism: Centrally planned economy; the state or collective decides on production and consumption.

Capitalism: Market-based economy; supply and demand determine production and prices.

My view on America: Our government controls the amount of food produced and harvested through the farm bill and sets the oil drilling targets for the oil companies owned by 401ks. Major works projects (large oil pipelines, land use projects in cities, utility improvements) are near completely signed off on by central planners.

AAspect: Income Equality

Communism: Aims for a classless society with income equality; wealth is redistributed. Capitalism: Income is based on market forces and individual capability, which can lead to income inequality.

My View on America: Our leaders on both sides of the aisle are constantly pushing for policies that promote income equality despite possible reductions in market competition.

Aspect: Political System

Communism: Often associated with one-party systems or limited political freedoms.

Capitalism: Can coexist with various forms of governance, including democracies and autocracies.

My View on America: While there is certainly an illusion of choice between the two major political parties there is actually very little difference between them that a typical American will experience.

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