Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: dybdahl who wrote (16412)	1/18/2009 7:46:44 AM
From: Real Man	Read Replies (2) \| Respond to of 71475

Well, even Soviet Union had a blend of socialism and capitalism in the first 7 years of its existence, and no mass murders. China has that now, a communist state politically. <g> en.wikipedia.org Dictatorship and socialism certainly differ. One is a political system, the other is an economic system. In my view, still, all current developed societies is a blend of socialist ideas within a capitalist society. For example, universal state medical care was invented in Soviet Union. Ditto free education. The Soviet Union failed politically because it failed to create a democratic society with real elections. The state was controlled by one party. Not defending that in any way. The key idea of socialism is workers controlling means of production. What's publically owned large corporations again? State share of the economy is also constantly increasing after every crisis, as the government applies Keynesian approach to battle them and tries to offset job losses in the private sector by creating jobs in the public sector. The public sector is inherently socialist -g- They made me study all that chit in college, and even thou I resisted as much as I could, I vaguely remember that Marx was the only one who made a little sense. For the most part, thou, the economic system was pure utopia. -g-