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Originally posted by ANOK
Socialism has free-markets, money and profits (that goes to the workers, as apposed to the 'private owner'). Communism was supposed to be what happened when state socialism created enough wealth to do away with a structured economy, and resources would be free and communally owned. It was the idea that came about after a meeting in London in 1847, when people of many nationalities gathered to discus how to get rid of the ruling capitalist class, and put the working class in control of their own labour. Marx and Engels were at that meeting, and were asked to write a pamphlet outlining the groups ideas. They called it the 'Communist Manifesto'.
...
Socialism /ˈsoʊʃəlɪzəm/ is an economic system characterized by social ownership of the means of production and cooperative management of the economy; or a political philosophy advocating such a system.[1] "Social ownership" may refer to any one of, or a combination of, the following: cooperative enterprises, common ownership, autonomous public ownership or state ownership.[2] As a form of social organization, socialism is based on co-operative social relations and self-management; relatively equal power-relations and the reduction or elimination of hierarchy in the management of economic and political affairs.
A cooperative (also co-operative or co-op) is a business organization owned and operated by a group of individuals for their mutual benefit.[1] A cooperative is defined by the International Cooperative Alliance's Statement on the Cooperative Identity as "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through jointly owned and democratically controlled enterprise".[2] A cooperative may also be defined as a business owned and controlled equally by the people who use its services or by the people who work there. Various aspects regarding cooperative enterprise are the focus of study in the field of cooperative economics.
Originally posted by thehoneycomb
Please allow me...
ANOK will tell you that when the workers own all production there is no need for government which is by definition Anarchy.
Yeah it doesn't make sense to me either. If workers all owned production their would be no supply and demand.
Socialism /ˈsoʊʃəlɪzəm/ is an economic system characterized by social ownership of the means of production and cooperative management of the economy; or a political philosophy advocating such a system.[1] "Social ownership" may refer to any one of, or a combination of, the following: cooperative enterprises, common ownership, autonomous public ownership or state ownership.[2] As a form of social organization, socialism is based on co-operative social relations and self-management; relatively equal power-relations and the reduction or elimination of hierarchy in the management of economic and political affairs.
A cooperative (also co-operative or co-op) is a business organization owned and operated by a group of individuals for their mutual benefit.[1] A cooperative is defined by the International Cooperative Alliance's Statement on the Cooperative Identity as "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through jointly owned and democratically controlled enterprise".[2] A cooperative may also be defined as a business owned and controlled equally by the people who use its services or by the people who work there. Various aspects regarding cooperative enterprise are the focus of study in the field of cooperative economics.
Originally posted by thehoneycomb
reply to post by GogoVicMorrow
Yeah ok, but they are also all liberals and forget the people on the business side, it's the government throwing the money around to promote their agendas and not the other way around.
Originally posted by GogoVicMorrow
Capitalism opened the door for the problems we are facing today.
I don't hate capitalism. I love it, but what we have isn't the good, real capitalism.
5. Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.
1. Abolition of property in land and application of all rents of land to public purposes.
2. A heavy progressive or graduated income tax.
3. Abolition of all rights of inheritance.
4. Confiscation of the property of all emigrants and rebels.
5. Centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly.
6. Centralization of the means of communication and transport in the hands of the state.
7. Extension of factories and instruments of production owned by the state; the bringing into cultivation of waste lands, and the improvement of the soil generally in accordance with a common plan.
8. Equal obligation of all to work. Establishment of industrial armies, especially for agriculture.
9. Combination of agriculture with manufacturing industries; gradual abolition of all the distinction between town and country by a more equable distribution of the populace over the country.
10. Free education for all children in public schools. Abolition of children's factory labor in its present form. Combination of education with industrial production, etc.
Originally posted by GogoVicMorrow
I am against both the IMF and Fed.
I supported Rand and will be supporting Ron.
What is the point you are trying to make, because you know that isn't the only thing causing problems in the U.S.
Just as much if not more is due to the conflict of interest between government and big business. Fact.