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Politics : Politics for Pros- moderated
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To: Katelew who wrote (406115)1/23/2011 9:00:16 AM
From: Jorj X Mckie5 Recommendations  Read Replies (1) of 794309
 
My working definition of socialism involves state ownership of assets.

Do you know which word is used to describe an economic system where ownership of assets remains in private hands, but is controlled by the government?

That's what we are talking about here, isn't it? if the insurance companies are not owned by the government, but are controlled, not just regulated, but controlled by the government, what is that called?

And then the liberal government wants to control the financial industry, the energy industry, the auto industry, education......
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