ELI5: Explain Like I'm 5

Cost disease socialism

Okay kiddo, let me explain what cost disease socialism is. Cost disease is when the price of things goes up over time, even though we might not be getting anything more for our money. Socialism is a way of organizing a society where everyone works together to make sure everyone has what they need.

So, cost disease socialism is when the price of things goes up over time, and we use socialism to make sure everyone can still afford those things. It means we all work together and help each other out so that even if some things get more expensive, we can still afford them and don't have to go without.

For example, let's say that the cost of healthcare keeps going up and up. In cost disease socialism, we would all work together to make sure everyone can still afford healthcare, even if it gets more expensive. We might do this by pooling our resources and sharing the cost, so that no one has to go without the care they need.

Does that make sense, kiddo?
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