Many believe that the US as we knew it is over. The days of pure capitalism as well as huge financial companies running free have come to an end. But is the US losing its identity and becoming more and more like a socialist state by the day? According to several sources they are.
According to one report:"The American Heritage Dictionary defines socialism as a system of social organization in which the means of producing and distributing goods are owned by a centralized government that plans and controls the economy.Socialism requires a totalitarian system -- that gives the ruling gang the power to distribute the fruits of other people's labor to its political pals. That is what is happening to the United States as President Obama proceeds with his goal of 'remaking America.'"
But what does this mean? Many feel that the Obama administration is taking control of many of the financial institutions is a move to socialism and one that violates the very core of this country. Obama believes that to restore the ecomony the government needs to step in and make sure that things are done right. There are many people that disagree but one thing remains certain, is the US losing its identity as a captialist state by continuing to take over more and more banks and financial organization. Only time will tell if the move is a perminate one.
According to one report:"The American Heritage Dictionary defines socialism as a system of social organization in which the means of producing and distributing goods are owned by a centralized government that plans and controls the economy.Socialism requires a totalitarian system -- that gives the ruling gang the power to distribute the fruits of other people's labor to its political pals. That is what is happening to the United States as President Obama proceeds with his goal of 'remaking America.'"
But what does this mean? Many feel that the Obama administration is taking control of many of the financial institutions is a move to socialism and one that violates the very core of this country. Obama believes that to restore the ecomony the government needs to step in and make sure that things are done right. There are many people that disagree but one thing remains certain, is the US losing its identity as a captialist state by continuing to take over more and more banks and financial organization. Only time will tell if the move is a perminate one.
Every time I hear this argument it makes me cringe. The world is constantly evolving, and just like a successful company, the only way to be successful you need to adapt as well. Because our country is not socialist we allow free speech, and that allows people to implant ideas in others minds. This is propaganda, and is getting people upset for no reason.
ReplyDeletePosted By Adam Lindheim
I feel that no country can be purely capitalist and succeed, so a mix of socialism would not do any harm. I feel that this is not something to worry about and as Adam said before me, it is part of the evolution process. - Jonathan Tse
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