[sam h]

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Your answer is pretty good aside from the application of the crude modern politcal spectrum.

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Thanks, I guess.

The uni-dimensional spectrum is obviously not an accurate representation but is a useful heuristic model when talking about these differences historically, since the role of the state in the capitalist economy has been the divisive issue from the late 19th century onward and can be represented in a compelling way on one dimension. It is also obviously the ordinary language model that is generally invoked in politics.