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View Diary: Socialism — what it isn’t (117 comments)

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  •  I am not arguing against regulated capitalism (0+ / 0-)

    I am not arguing for a completely free market.  

    What I am saying is that socialism is a bad as unregulated capitalism.  The solution is somewhere in the middle: capitalism that allows people to get rich through talent, innovation, invention, and hard work, but is regulated enough so that everybody has an opportunity to better their own lives, and that happens by providing more people with the opportunity to gain the education and skills necessary, in our information-based economy, to make a better life for themselves and their families.

    I'm no Bill Gates myself -- I'm a lawyer in a mid-size city (New Orleans).  I've managed to build a pretty good life for my family and my children, largely because I worked really hard in school, sacrificed seven years of my life post-high school, and have been working 50-60 hours a week on average ever since.  I have no desire to take away the wealth of zillionaires like Al Copeland, who started with a little chicken stand in Arabi, Louisiana and built Popeye's Fried Chicken.  What I do think we ought to do is more to see to it that everybody has the opportunity to get marketable skills (a marketable vocation, or college, if they want to and have the scholastic skills) to make a better life for themselves.  And we should provide a social saftety net for people who cannot take care of themselves.  That's the regulation of capitalism I would favor.  

    •  And Al Copeland's reward... (0+ / 0-)

      is that he gets to be on top, from which lofty perch he cannot complain.  

      The '60s were simply an attempt to get the 21st Century started early; don't mistake an unfulfilled dream for a lost one. A dream has no deadline!

      by Panurge on Thu Apr 04, 2013 at 06:24:19 PM PDT

      [ Parent ]

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