A high school teacher helps clarify 'socialism’ for Donald Trump & the rest of us.

[kpete]

"When we teach about the different types of economies," Waite said, "the first thing we do is we talk about economic questions. How is it made? Who makes it? Who gets to buy it? Based on the economy, different people answer those questions."

Simplifying Quill's explanation: "In a communist country, the government answers those questions. There's no private business. There's no private property. The government decides."

"In a capitalist society, the people make those decisions. The businesses, the market decides how much products will cost, how many there are, where it will be made."

"In the socialist system, there's a mix of both. The government operates the system to help all, but there is opportunity for private property and private wealth. That's generally how we talk about it." Back to Quill's point: A socialist government could control all of the means of production -- or it could, for example, use taxes to redistribute resources among the population.



More HERE:
https://www.washingtonpost.com/news/the-fix/wp/2015/10/24/a-high-school-teacher-helps-clarify-socialism-for-donald-trump-and-you/

[Turbineguy]

1. Right now we have a socialist system

for the rich anyway.

[in_cog_ni_to]

2. Democratic Socialism = A Democracy that works for everyone, not just for Corporations and

Billionaires/Millionaires (which is what this sham of a country does now - Our Oligarchy).