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"Socialism" is not a bad word...



Socialism is not a bad word but it has a lot of bad baggage. Soviet Socialism destroyed the Soviet Union. Nazi socialism destroyed Germany. It has been a mixed blessing for Cuba but it has destroyed Venezuela. But in the stable democracies of Scandinavia, it seems to have worked pretty well. What’s the key factor here? Democracy? The voice of the people. Socialism in the hands of a tyrant seems to turn on itself but then so will capitalism in the hands of a tyrant but socialism in a stable democracy seems to be have a place. But what about today’s China and Viet Nam. Both Communist…but with a good dash of a free market economy (Sort of.) Interesting mix that seems to be producing a reasonable level of stability and prosperity. Basic socialism is government ownership and regulation while capitalism is private ownership and free markets. (Over simplified.) It’s never that simple. Most modern economies are mixed. It’s what works for that particular time and place in history. Great Britain is a Capitalist country with socialized medicine which has had a very good run. Stephen Hawking praised the British National Health Service for his amazing long life as a quadrapaligic. And in the USA, Social Security and Medicare are the crown jewels of a nation determined to care for their elders. They have worked amazingly well, sure there are problems but that is the nature of this world. Problems are solvable. What is not solvable is not doing anything. What a lot of people don’t understand is that Social Security and Medicare aren’t true socialism. Social Security is a self-perpetuating trust fund and Medicare is a pre-paid health plan. (Again, over simplified.) The point here is we need to talk to each other about issues and problem solving…not calling each other names. Toxic talk never does anyone any good.



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