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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOk, so I understand why the RW is so scared of socialism
Last edited Tue Apr 13, 2021, 07:34 AM - Edit history (1)
They have no friggin' clue what it is! I saw this post on a cousin's FB page and now have even more serious doubts about her brain functioning....(I don't follow her, but went to see what insanity she's been posting recently) Presented with the underlines and caps as written:
The fact it has been up for over a month negates the last line, btw. And I'd say it is more of a description of capitalism (in the rich guy running it) or fascism (no say, no privacy, they shut you up) than anything that is defined as "a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole."
Back to ignoring the cousin.
FakeNoose
(32,634 posts)Shermann
(7,413 posts)Socialism means a lot of things. But if you focus on just wealth inequality, I believe you can come up with a metric to determine if your economic system is a socialist system. You can use the infamous 1% statistic. In the US, the top 1% owns 40% of the nation's wealth. In a ideological socialist system, the top 1% would own...well...somewhere around 1% of the nation's wealth. On the flip side, 40% feels pretty close to unfettered capitalism to me.
So when you provide some simple definitions and metrics, you can see just how absurd of a slippery slope argument it really is.
brooklynite
(94,520 posts)SOCIALISM (noun): a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
Maeve
(42,282 posts)Is EXACTLY the opposite of the definition (regulated by the community as a whole).
Oooo...DU is socialistic in that way!
Baked Potato
(7,733 posts)sit in the same doctors office waiting room with the others to get their Medicare.