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- #181
From the link above, which redefines socialism inaccurately to further less than noble aims.
Different self-described socialists have used the term socialism to refer to different things, such as an economic system, a type of society, a philosophical outlook, a collection of moral values and ideals, or even a certain kind of human character.
Socialism is "a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole." https://www.google.com/#q=socialism+definition
If that had been tried in a government, history, economic, etc, class in college, the argument would have failed on definition of terms.
Words have meanings, and you, edgetho, don't get to change the meanings.
Socialism is a centrally planned economy. Marxism, crony capitalism, fascism and other forms of government dominated economic decisions are all just variations of socialism.
Capitalism is economic freedom where producers, consumers and employees make their own choices and drive economic efficiency.
Socialism makes the people who run government rich. Capitalism makes the people who make good choices rich. The difference is simple.
Yes it is. For the simple minded and those challenged by reality.
What is reality challenged is believing that people who don't work hard will work harder if you give them money for doing nothing while people who work hard will continue to work hard if you allow them to keep little of the wealth they created.
Buy hey, you believe politicians, you're not highly in tune with reality, so I wouldn't expect you to know that.