- Capitalism and Alternatives -

Socialism is the public ownership of industry.

Posted by: DonS ( USA ) on November 17, 1999 at 10:30:59:

In Reply to: Who said anything about military recruitment? posted by MDG on November 16, 1999 at 17:32:12:

: : SDF: Military recruitment of inner-city (read NONWHITE) kids is, in real life, "Keynesianism with an excuse". John Maynard Keynes was no socialist, didn't advocate anything close to it. Read Bertell Ollman's Marx: An Uncommon Introduction if you want to know where the ideal of "socialism" is headed.

: Don't know where that came from, SDF, and not that I'm disagreeing with it, but there is a vast network of government programs which benefit people of all colors and classes. I consider these programs to be socialistic, not communistic or, at the very least, contradictory to laisser faire capitalism. An generic example of what I mean is: the widget producers of America have produced many more widgets this year than they did last year. In fact, they've made so many widgets, they can't sell them all, and what they will sell will be for a smaller price. Now what? In steps the Government with its widget purchasing program; supplies on the open market are reduced, and prices remain stable. Is this Government intervention not socialism? That's what I do (sometimes) at work: I help run the widget purchase program.

Don: Socialism is the public ownership of industry. What you are discussing is fascism. Government control of industry and the economy. It is "fascism with a friendly face", but fascism nontheless.

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