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re: What is your definition of socialism? And why or why not is it an effective system?

Posted on 1/16/21 at 7:02 pm to
Posted by BiteMe2020
Texas
Member since Nov 2020
7284 posts
Posted on 1/16/21 at 7:02 pm to
Socialism - government control of the means of production (which in America is effectively accomplished by excess taxation and regulation), characterized by policies that systematically redistribute wealth.
It succeeds, in Democracies, by buying votes using other peoples' money.

It doesn't work, because once DC decides they can take money to "redistribute it":

1) Even if they're honest, they don't have the data to correctly allocate resources, and
2) More likely, once they take taxpayer money, they'd rather keep it for themselves.
This post was edited on 1/16/21 at 7:04 pm
Posted by redeye
Member since Aug 2013
8607 posts
Posted on 1/16/21 at 7:45 pm to
quote:

Socialism - government control of the means of production (which in America is effectively accomplished by excess taxation and regulation), characterized by policies that systematically redistribute wealth.


So socialism is different in America?

Taxation and regulation is not socialism. Even most every form of capitalism believes in taxation, regulation and the redistribution of wealth, including the forms that we claim to practice.

What you reiterated is just disinformation propagated from right-wing sources. It's pushing classical liberalism, or laizze faire capitalism, which has previously been discredited in the past many times, but the wealthy, along with the deep state that some of you claim to despise, keep pushing it because it benefits them.
This post was edited on 1/16/21 at 7:46 pm
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