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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: gpowell who wrote (24635)10/18/2004 9:49:30 PM
From: stockidRead Replies (1) of 306849
 
Socialism is not the transfer of wealth from the rich to the poor. It's more along the lines of the means of production being owned by government....
[Socialism] was first applied in England to Owen's
theory of social reconstruction, and in France to those
also of St. Simon and Fourier . . . The word, however,
is used with a great variety of meaning, . . . even by
economists and learned critics. The general tendency is
to regard as socialistic any interference undertaken by
society on behalf of the poor, . . . radical social
reform which disturbs the present system of private
property . . . The tendency of the present socialism is
more and more to ally itself with the most advanced
democracy.

Socialism, looks for a more even distribution of wealth. The ideal social society would be everyone being middle class with free education and health care. As oppose to the have and have not society of capitalism.

SK
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