General Discussion
In reply to the discussion: About "socialism"?... Is there evidence of it here in the U.S.A.? [View all]Stuart G
(38,726 posts)I believe that all economists who would study this and define it, would say ours is a "mixed system" of capitalism and socialism. Yes some aspects are more socialistic and of course some aspects are far more capitalistic.
One might say that paying for a ticket on an airplane is totally capitalistic. Why? because the ticket pays for the flight on the plane..Ok, we all know that. But who pays for the traffic controllers that keep the plane on course?..You know, those people in the tower who tell the planes when and where to land and take off. I think those are ....federal employees.. aren't they?.. Are all airports privately owned and run? Or are most publically owned and run?..
And that mixed system runs throughout our entire life system, or whatever you want to call it..