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Re: My post to an economist  

By: Decomposed in 6TH POPE | Recommend this post (2)
Sat, 16 Jul 22 4:04 AM | 27 view(s)
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Msg. 33690 of 58576
(This msg. is a reply to 33680 by Zimbler0)

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Zimbler0:

Re: “Under 'Socialism' the bulk of the money falls into the 'government's hands and it's job is to 'control' EVERYTHING. ”
Getting technical, socialism is a political/economic system in which the means of production, and property, are owned by the community and controlled by government. Government is always loath to relinquish power, so when socialism fails, government moves on to communism - in which government owns EVERYTHING, including its citizens.







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The above is a reply to the following message:
Re: My post to an economist
By: Zimbler0
in 6TH POPE
Sat, 16 Jul 22 2:05 AM
Msg. 33680 of 58576

Let me see . . .

Under 'Capitalism' the bulk of the money is in the
hands of the capitalists and the part of the
governments job is to 'regulate' such things that
peoples and their rights are protected.

Under 'Socialism' the bulk of the money falls into
the 'government's hands and it's job is to 'control'
EVERYTHING. Meaning friends of the socialist
government are free to rape, pillage, and plunder
the economy 'protected' by their governmental benefactors.

Zim.


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