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Every country has a way they see and carry out the activities of the country,every country has their economic and financial practice which could either be in form of socialism or capitalism.eo in this content we will be looking at the make socialist system different from a communist system and advantages offer over each other 

A socialist system is an economic system where production are left in the hands of the public.in this system most of the decision making process are made by the public.so definitely the government has alot of role and influence in the control and production of consumer price goods.in this type of economic system the government has total control to meet the people's need,so this means that income are equally distributed according to the need of the people .prices are set by the government as they are the controller and decider of the economy.the government participate more in business  thereby giving little or no chance to the  private sectors.mostvprivate enterprise tend to pay heavy taxes.

Now let look at the capitalist system.this is an economic system which gives more for room for the private sector. With less government interference.this allows private ownership of business to make decisions in the control of prices and other areas of the economy.the system also encourages more competition,unlike the socialist system the capitalist system make little or no effort to prevent inequality in distribution of income.everybody is allowed to produce goods and services  which leads to a higher competition among the manufacturers,everybody is allowed to contribute to according to the need of the people which gives more reward to the economy and inturn increase individuals wealth.

When you look at the two system I can say that hive is more or less like a capitalist system because hive give everyone on the platform the opportunity to contribute their own quoter to the development of the platform which allows free control over there content without any interference.