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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 8:26 pm to
Posted by PacMan01
Mississippi
Member since Jan 2021
41 posts
Posted on 1/16/21 at 8:26 pm to
Checks and balances. I think it can be applied to socialism and this should apply to every form of government. Even capitalism. The monopolies we have today in the US is not good for the consumer. Net neutrality for instance is an example of checks and balances against something that dilutes innovation. Yet, a lot of times when checks and balances are sought to be put in place, people call doing so ‘socialism’. So I ask, can checks and balances being installed in a capitalist society without being socialist in nature?
Posted by redeye
Member since Aug 2013
8605 posts
Posted on 1/16/21 at 8:32 pm to
quote:

So I ask, can checks and balances being installed in a capitalist society without being socialist in nature?


Yes, they can. The problem is that we wrongly associate checks and balances with socialism, which we've determined here is wrong. Our leaders even claim to be adherents to models of capitalism that are partly defined by checks and balances, but they ignore them because it benefits the deep state.
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