Public vs Private, The Historic Definitions of Socialism Capitalism

Many people do not know the difference between the Public and Private Sectors of Society. This is why oxymoronic terms like State Capitalism exist. Well, starting in Ancient Greece and Rome and moving forwards in time, we will show what the Public Sector and Private Sectors of the economy are, how they re defined, and explain what both Capitalism and Socialism are and why they are that as well. These are the actual historic definitions and meanings backed up by the sources listed in the pinned comment, at the beginning of the video, and references will be included at the bottom of the screen. The script for this history video was 12, 523 words. And yes, this is a history video. I am neither National Socialist, Fascist, Marxist Socialist or anything else like that. And as you can tell if you watch this video in full, I am absolutely NOT promoting any of these evil ideologies in the slightest. For a full list of all my sources, check out this link