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Originally posted by Wrabbit2000
reply to post by FyreByrd
It's a pickle you put people in though when the terminology is chosen. Socialism is a well defined term and perhaps not what it may have meant before 1918. Now? Err... To a good % of the world population, it's synonymous with utter failure and collapse of empires, let alone mere nations. It brings images of Gulags when they existed as true hard labor camps across the Soviet Union, Tiananmen square massacres of people protesting for freedom and leaders put to the wall and shot to death like Chauchesku in Romania.
Originally posted by Circumstance
Originally posted by Wrabbit2000
reply to post by FyreByrd
It's a pickle you put people in though when the terminology is chosen. Socialism is a well defined term and perhaps not what it may have meant before 1918. Now? Err... To a good % of the world population, it's synonymous with utter failure and collapse of empires, let alone mere nations. It brings images of Gulags when they existed as true hard labor camps across the Soviet Union, Tiananmen square massacres of people protesting for freedom and leaders put to the wall and shot to death like Chauchesku in Romania.
Ummm...NO. This is how the GOP, Tea Party and Libertarians describe socialism. And what you are describing is communism, not socialism. Socialism is an economic system, which has nothing to do with your above statement. Communism is a political system, which has everything to do with your above statement.
Source
1. (Economics) an economic theory or system in which the means of production, distribution, and exchange are owned by the community collectively, usually through the state. It is characterized by production for use rather than profit, by equality of individual wealth, by the absence of competitive economic activity, and, usually, by government determination of investment, prices, and production levels Compare capitalism
2. (Government, Politics & Diplomacy) any of various social or political theories or movements in which the common welfare is to be achieved through the establishment of a socialist economic system
3. (Government, Politics & Diplomacy) (in Leninist theory) a transitional stage after the proletarian revolution in the development of a society from capitalism to communism: characterized by the distribution of income according to work rather than need
Source
Sharing the same collective view of mankind as communism socialism is a political system in which the means of production, distribution and exchange are mostly owned by the state, and used, at least in theory, on behalf of the people (whose 'good' is decided by the legislator). The idea behind socialism is that the capitalist system is intrinsically unfair, because it concentrates wealth in a few hands and does nothing to safeguard the overall welfare of the majority, we will see later that this is fallacious. Under socialism, the state redistributes the wealth of society in a more equitable way, according to the judgement of the legislator. Socialism as a system is anathema to most Americans, but broadly accepted in Europe - albeit in a much diluted fashion. Socialism is a system of expropriation of private property (regardless of how this was earned) in order to distribute it to various groups considered (by the legislator) to warrant it, usually the unemployed, ill, young and old and significantly, those with political pull. Since all property must be created before being distributed modern socialists allow some free market enterprise to exist in order to 'feed' from its production. This seems to admit that the free market is the best way to produce wealth. The current British government (Labour) purports to be quasi-socialist but is in practice conservative (non-radical) with additional taxation and state intervention. I believe that genuine socialism has not fared that well in Britain due to a sense of individual sovereignty shared by many Britons, expressed in such sayings as "an Englishman's' home is his castle".
Source
any of various social systems based on shared or governmental ownership and administration of the means of production and distribution of goods
Source
System of social organization in which private property and the distribution of income are subject to social control; also, the political movements aimed at putting that system into practice. Because “social control” may be interpreted in widely diverging ways, socialism ranges from statist to libertarian, from Marxist to liberal.
1. Social programs are not Socialism.
Originally posted by FyreByrd
Yes!!! - you see the whole point - that this nation was founded with many socialist ideals - they were not called that at the time but that is what they were in fact.
Mutual Aid societies (as the libertarians like to call them) but without exclusions.
Government run public utilites - by the people and for the people - are socialist/collectivist. It is in fact Democratic Socialism in action.
Originally posted by wemustbreakyou
It is very funny to hear the western supercapitalists spout on and on about how privatization is the only answer to all. This is funny because roaring State Capitalist China is standing right behind them. Do they think we are all stupid? China is right behind you genius. You are bankrupt and China is roaring. Silence you stupid free market capitalists. Enough. You embarrass yourselves.
Australia was near on State Capitalist when I was a kid. Now we have been Americanized. Our public education and public health services have all fallen away in favour of US style corporate insurance and low funding for public schools.
Definition of EXPROPRIATION
: the act of expropriating or the state of being expropriated; specifically : the action of the state in taking or modifying the property rights of an individual in the exercise of its sovereignty
Examples of EXPROPRIATION
First Known Use of EXPROPRIATION
15th century
Originally posted by mc_squared
Love the pointless (and deflective) arguing over semantics in this thread.
Take an idea that people like, i.e. socialized banking, and it's:
1. Social programs are not Socialism.
Take an idea people don't (or more realistically - are conditioned not to) like, and suddenly it's:
Originally posted by lynxpilot
Count me as another that doesn't buy the bank as socialism. There needs to be a collection of profit and a re-distribution of said profit, where collection is sourced based on amount, but re-distribution is per capita. .
Originally posted by poet1b
reply to post by ElectricUniverse
The Fed Res is pure capitalism, privately owned and privately controlled.
It isnt even 1 bank.
First the free market supporters vote in politicians who deregulate the banks (eliminate the laws that keep banks from committing fraud and committing other crimes), and when that blows up in your face, you start calling it socialism.
What pure and utter nonsense. At what point in these mental gymnastic do you start to realize you have been conned?
edit on 31-3-2013 by poet1b because: Add phrase to clarify
Originally posted by Wrabbit2000
I'm missing where this has any relation at all to the Socialist ideology? It sounds like a giant Credit Union at the state level, to me.
Very much like a modern version of the Central State Banks which existed at the founding of our nation and ..to various degrees, right into the Civil War. It's nice to see one state has held the independence this way as t really should have been all along.
It's key feature being loans below market rates to business that directly leads to improved conditions/employment within North Dakota though? (From article). Yup.. Sounds like a state sized credit union. Good Job North Dakota!
(Maybe this is part of their secret to having an unemployment rate in the 3% range while most of the nation suffers in the 7's and 8's. Not bad at all for them)
No, that's because of being lucky enough to be a small population state which happened to be sitting on top of petroleum which suddently got economical to produce as a combination of high prices and new technology.