>>85549
>private property exists therefore its not socialist.
Maybe in commie lala land it isn't. But it still is a command economy, where the key means of production (oil, agriculture, toiletries) are being controlled by the democratically government either directly or though regulations so intense it may as well be ran by the government.
>>85575
>It has a capitalist black market, there for it is a capitalist system.
Black Markets do not count, they will exist everywhere in every system regardless I guess if you go full Ancap.