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Technology Stocks : Intel Corporation (INTC)
INTC 48.32-0.8%Jan 15 3:59 PM EST

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To: Mary Cluney who wrote (183371)2/2/2006 9:00:27 AM
From: Don Lloyd  Read Replies (1) of 186894
 
Mary,

There is no denying that almost all people in the socialist countries in Northern Europe are better off than most people anywhere else. Everyone in these Northern European socialist countries (including residents who are not citizens) have access to medical care. No one in those countries will starve. For those that want to work, they can work as hard as they want. It may be difficult for someone in a Northern European country to amass as much wealth and live as sumptuously as Donald Trump - but I don't think that is necessarily a bad thing.

There is also no denying that the prosperity in socialist countries is entirely dependent on the existence of a global economy from which market prices can emerge. If memory serves, it was Soviet Premier Gorbachov who said (paraphrased) that the triumph of worldwide socialism would have to leave the New Zealand market free in order to produce market prices.

Socialism is only possible as a parasitic lifeform, when it keeps from killing its host.

Regards, Don
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