by Gary Flomenhoft
This whole Bernie thing has got people debating about what socialism is. Is it New Deal liberalism? Scandinavian welfare statism? State communism? Or what?
Let me simplify it for you. Socialism is basically anything run by or paid for by government.
Socialism is what free enterprise needs to operate. You might even call it the operating system for business. Business needs stable government, a strong judiciary to protect property rights and contracts, and good public services for delivery of materials and goods to firms and customers.
This whole Bernie thing has got people debating about what socialism is. Is it New Deal liberalism? Scandinavian welfare statism? State communism? Or what?
Let me simplify it for you. Socialism is basically anything run by or paid for by government.
Socialism is what free enterprise needs to operate. You might even call it the operating system for business. Business needs stable government, a strong judiciary to protect property rights and contracts, and good public services for delivery of materials and goods to firms and customers.