On this very thread, I saw someone using the definition of communism in place of the definition of socialism. |
Which is no different than things like changing healthcare rules to mandate insurance companies cover pre-existing conditions. But according to the right, that is socialism. |
So what? They are two different concepts. |
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Socialism = system under which those in government grows richer and everyone else poorer.
Exhibit A. The Obamas. |
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OED definition: 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.
US examples in particular: the North Dakota Mill and Elevator in North Dakota, started in 1922 by the Non-Partisan League because ND farmers were being ripped off by the railroads and Minneapolis grain millers, and still in operation. The Bank of North Dakota, officially the State of North dba the Bank of North Dakota, started in 1919, originally with the intent to make credit available to those same farmers. During the recession, the BND got quite a but of national attention because of its health, and the idea of a state-owned bank has been floated very recently for other states. Also, incidentally, BND currently regards the odds of a recession in the near future as 1 in 3. |
Ivanka reported growith in income to $82 million this past year. The Obamas are making their money post-presidency. |
Ivanka is not president |
I doubt anyone on the right is calling the regulation to cover pre-existing conditions "socialism". Care to provide a link that shows this? Please don't post a link that has the right calling single-payer or government-provided insurance as socialism because that actually qualifies as socialism and is different from regulation to cover pre-existing conditions. |
"The means of production, distribution and exchanged should be regulated by the community" -- how is this different from merely having laws that govern economic activity? |
| Socialism - i work to support others that don't. |
I think regulated is misleading in this definition, that or the "or" should be an "and". Collective ownership is pretty central to the definition of socialism. Mere regulation of commerce does not qualify for socialism. |
I don't understand why people try to shorten the definition of socialism since the original definition is pretty compact already. You are not saving much time typing so why not just use the original succinct definition. |
| Socialism: worker and community control of the means of production, and production for need, not for private profit. |
| He who does not work, neither shall he eat. |
| Socialism defined by the laws of math. I produce 4 widgets, the less productive person next to me produces 2 widgets. I now have three widgets. How many do you think I will attempt to produce tomorrow. |