FWIW, the Democratic Administration is leaning the other way.
The bad extreme of that is socialism, not fascism. Those
differ - they are, in fact, polar opposites. But we are not
going to that extreme, hopefully, although I can't guarantee
that. -g-
On a positive note, socialism is entrenched in all modern
democracies in a way of taxes. Sure, this slows
down economic growth, but at a price of creating a safety net and
basic human rights for the society as a whole. Medical care is
one of those. In a way, Marx was right - at least part of the
way, although a pure socialist society proved to be
ineffective. The Central Bank is supposed to be a socialist
organization. In the United States it's the pillar of fascism.
I don't think the US or the World are going to rediscover
fascism OR communism. These are political mistakes of the past.
I do think, however, that the social safety net (socialism) will
play increased role in the US economy going forward - perhaps,
taking a bigger part of the economic pie similar to that
in Germany, Canada, or other developed countries. |
