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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (29358)9/28/2006 11:35:06 AM
From: TimF  Read Replies (1) | Respond to of 541369
 
The government can act as if it owns the means of production without actually owning it. If it taxes it to the point that it makes more profit from it than the actual owners, and it regulates it to the point that it exerts a huge degree of control over it, then you have a new flavor of socialism. Reduce that tax and control a bit but leave it pretty heavy and you could call it socialism lite. (But I agree it wouldn't be Marxism).

Others advocate "market socialism," in which social control of property exists within the framework of market economics and private property.

Exactly. If the control is extensive enough then it really is socialism even if there is market operations. A bit less extensive you get socialism light. You have private property but the rights to and control over the property is eroded by more and more taxes and regulation. It becomes less and less truly private and more and more something where there is "social control" of the property.