A Quick vid for those who want to know the difference
What Do You Think of Socialism?
I think the word has less extreme connotations this side of the pond. It is a spectrum.
In countries like Canada and the Netherlands which one could say are socialist style operating governments, the quality of life is better for a greater percentage of the population.
Longevity of life is also longer ....... ummm ????
Socialism works within a structure of fluent capitalism.
I have noticed that many people in the USA have no idea what true socialism is, nor what countries are or are not socialist states. Probably their political leaders' fear mongering and the virtue of ignorance are to blame for that.
Norway is not a socialist state. It's a capitalist free market democracy with a social safety net. https://en.wikipedia.org/wiki/Nordic_model
Yes, it's a mixed economy (https://en.wikipedia.org/wiki/Mixed_economy), but not socialism. Perhaps state capitalism (https://en.wikipedia.org/wiki/State_capitalism) is a good name, because the Norwegian government chooses not to regulate, but to own shares in some important companies instead.
Anyway, I think USA royally fooked up with unbridled free market capitalism. There is a reason the USA has the highest per capita health expenses, and doesn't even get close with average life expectancy to countries like Poland and Chile, that have much lower per capita health spendings....
Neither Canada nor the Netherlands are socialist. They are capitalist societies that use all their tax money they would have had to spend on national defense on health care because the U.S. mostly funds NATO.
The problem with Socialism is they soon run out of other peoples money to spend.
Who knows? Maybe the USA will become a social government
Pure Socialism is a no-go. A mix of socialism and capitalism has been proven to work. Many equate socialism as being communism, linking it to fears of the Cold War era. Not true.
The secret is finding the balance.
I must be a socialist cause I love my Social Security and my Medicare. However we do pay tax on SS because we have other income coming in. With Medicare 'we are rated up' because of that extra income.
I am a social minded person when it comes to our US public education system. Some public schools are great, many are good to very good, many are adequate and some not very good.There are short falls, but over all kids are getting a good education. I love using surplus food to provide a free breakfast for school kids.
When I get in my auto I know that everyone has to carry auto insurance apart from those idiots who don't.
When you are mandated to join with others to access health care etc.You are receiving a form of socialism.
But let's remember the social security checks are spent and it goes back into the economy. Our medicare and medicaid is not paid to an individual it is paid directly into the health care system.
While I enjoy all of the above I also appreciate the private sector that provides everything else in our lives that we need or use, the great stuff we can consume. Energy, natural gas and any of the stuff that we want if we can paid for it.'
A mix of socialism and capitalism has been proven to work.