Daily Archives: November 18, 2012

You can’t just call our economic system “socialism.” It’s not. There’s a profit motive and private ownership of nearly all assets. Socialism has neither of these. Besides, far too many people have become far too rich in our system to simply label it “socialism.”

If you have ever traveled to an actual socialist country – with a power grid that never works, little public sanitation, petty graft at every turn, and endemic, horrifying poverty – you realize our system and real socialism aren’t the same at all. Continue reading →