General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPeople don't understand what socialism and right wing capitalism are. If they did the country would
Far left
A main tenet of socialism is nobody gets wiped out by a bad choice. It is like insurance and spreads the debt among everybody. 2008 created the perfect example of socialism:
Amid the chaos caused by Lehmans collapse, the big banks got hundreds of billions of dollars in bailouts. Aggressive stimulus efforts by Washington officials injected trillions of dollars more into the financial markets and the economy, helping to end the recession, trigger record bank profits and fuel a historic stock market boom.
But there were no big bailouts (socializing) for lower- or middle-income Americans.
Here is right wing capitalism where you are solely responsible for your decisions and problems:
About 8.7 million people lost their jobs, sending the unemployment rate soaring to 10%. Housing prices dropped by a third nationwide from their 2006 peak and even further in California causing as many as 10 million people to lose their homes.
Humanist_Activist
(7,670 posts)of production through some democratic means.
You are talking about Social Democracy, which is a compromise position made up by literal Oligarchs and Nobility, in Germany, where it first blossomed, to stave off a worker's revolution.
Prosper
(761 posts)proposing going to your definition of socialism and perpetuates the right wing scare tactics to alienate against modern countries adapting the social benefits derived from socialism.
People, just about 99% benefit from democratic adaptations of socialism, like Social Security. Scaring people with a classical definition of socialism prevents adapting the benefits.
struggle4progress
(118,032 posts)Prosper
(761 posts)demands correction and explanation.
struggle4progress
(118,032 posts)People, who hear you argue against nonsense, might assume there's a credible disagreement
Prosper
(761 posts)Promulgating the positive derivates of socialism like Social Security defeats Trump who would like all radical rights do away with Social Security tomorrow.
struggle4progress
(118,032 posts)If enough people misunderstand the words you use, it's no use to insist on using the words