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10-08-2008, 12:09 AM #14OPSenior Member
national debt guessing game
how did this turn into a discussion about me?
i don't know where you get your definition of socialism, but whatever you're talking about isn't it...funding social programs is not the same as controlling the means of production...if you're so eager to label socialism, why aren't you labelling the US government which just nationalized some of the largest financial corporations in the world? the us government isn't just funding AIG, fannie, and freddie: YOU own them so if anyone is a socialist here, it's YOU
are you enjoying your socialist control of the capital and means of production on wall street? it must be like playing monopoly with your grandchildren's money, except your socialist masters are rolling the dice for you
The New Palgrave Dictionary of Economics, Second Edition, 2008
A society may be defined as socialist if the major part of the means of production of goods and services is in some sense socially owned and operated, by state, socialized or cooperative enterprises. The practical issues of socialism comprise the relationships between management and workforce within the enterprise, the interrelationships between production units (plan versus markets), and, if the state owns and operates any part of the economy, who controls it and how.
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