Bwahahahaha you moron. You're talking about Communism. Total command economies are a Neo-Marxist phenomenon that died in 1989 and haven't been resurrected since, N. Korea aside. Democratic Socialism may include the nationalization of certain industries, but the general economic model is largely one of a free, but regulated, market. The primary component of Democratic Socialism is a truly progressive income tax, with the overall goal of narrowing the gap between rich and poor. Presently we have by far the largest gap in the world, just FYI. The great figure is that 10% of the population controls 80% of the real wealth in this country. You can actually go beyond that, though, to the stunning statistic that 95% of the wealth is controlled by 5% of the population. Corporate profits are at record levels; so is the level of homelessness, and so are layoffs. Low unemployment is a smoke screen; it becomes even more meaningless when you realize that the average American, the one in the 95% who control 5%, is making dramatically less in real dollar terms, adjusted for inflation, than just 10 years ago.
Slashdot Mirror
Bwahahahaha you moron. You're talking about Communism. Total command economies are a Neo-Marxist phenomenon that died in 1989 and haven't been resurrected since, N. Korea aside. Democratic Socialism may include the nationalization of certain industries, but the general economic model is largely one of a free, but regulated, market. The primary component of Democratic Socialism is a truly progressive income tax, with the overall goal of narrowing the gap between rich and poor. Presently we have by far the largest gap in the world, just FYI. The great figure is that 10% of the population controls 80% of the real wealth in this country. You can actually go beyond that, though, to the stunning statistic that 95% of the wealth is controlled by 5% of the population. Corporate profits are at record levels; so is the level of homelessness, and so are layoffs. Low unemployment is a smoke screen; it becomes even more meaningless when you realize that the average American, the one in the 95% who control 5%, is making dramatically less in real dollar terms, adjusted for inflation, than just 10 years ago.