What socialism is – Sierra Vista Herald

After reading several comments in the OYM section, I'm submitting the following defense.

The following is the definition of socialism that I learned in school and the one I use in my debate with "Dutch." It is not for those of you who think the local fire, or police department and the military is an example of national socialism. I'm just not smart enough to debate the difference.

Socialism is an economic system where the means of production, such as money and other forms of capital, are owned by the state or public. Under a socialist system, everyone works for wealth that is in turn distributed to everyone. Under capitalism, you work for your own wealth. A socialist economic system operates on the premise that what is good for one is good for all. Everyone works for their own good and for the good of everyone else. The government decides how wealth is distributed among the people.

In a pure socialist economy, there is no free market like we see in a capitalist nation. The government provides for the people. The taxes are usually higher than in a capitalist system. There may be government-run health care and a complete system of government-operated education. It is a misconception that people do not pay for these services. They do pay for them through higher taxes. Socialist systems emphasize equal distribution of wealth among the people.

"What one receives without producing, another produces without receiving." Thomas Jefferson (I think)

How many of you want to share your paycheck with someone that refuses to work?

I believe in a safety net but I don't think it should equate to a middle class standard of living.

See the original post here:
What socialism is - Sierra Vista Herald

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