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View Diary: 75 Ways Socialism Has Improved America (25 comments)

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  •  Loge is correct (0+ / 0-)
    Socialism is an economic system characterised by social ownership and control of the means of production and cooperative management of the economy, and a political philosophy advocating such a system.
    This is the first sentence in a Wikipedia article on the subject. Government regulation of a manufacturing or mining operation doesn't constitute socialism, although that regulation performs a social benefit.

    I understand that socialism has come to mean different things at different times in our history. Late nineteenth century understanding would place fire and police departments squarely in the "socialist" category, even though our country is prolific in its creation of private security services. I suppose our defense and intelligence services would be subsumed under this label, but this nouveau definition doesn't really cover the "means of production," does it.

    •  That's because the private sector controls (0+ / 0-)

      production and sends jobs overseas. The government does not control production here. If they did, the Waltons would be forced to shop their own stores, because they would not be filthy rich. Corporations control production. Corporations make the money and pay dirt wages for that production. That is free market, not socialism.

      Trina L.C. Sonnenberg: Author Work is not work when you love what you do.

      by tlcpro on Mon Apr 13, 2015 at 05:05:08 AM PDT

      [ Parent ]

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