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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (329349)3/19/2007 7:10:39 PM
From: TimF  Read Replies (1) of 1578441
 
Owned by the government, is considered collectively owned and socialist.

And yes government officials who control what the government owns have an incentive to make decisions in their own interests, and give themselves perks.

BS. On a large scale, socialism has operated within the framework of democracy and coexisted with capitalism.

I'm not talking about welfare programs here but state ownership of the means of production. Yes that has existed in mostly capitalist democratic countries as well, but 1 - Its typically been negative, and 2 - Those countries where largely capitalist or "mixed economises", not purely or overwhelmingly socialist countries.

Overwhelmingly socialist countries have problems that include problems inherit in socialism, not just problems related to their history or particular leaders and leadership structure.
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