socialism

Something which very few people understand but toss around like they do.

Rarely ever distinguished, socialism can be one of two things:

An economic system where, in theory, the workers own the industry collectively

An economic policy, in a capitalist system, where taxes are used to fund social services such as schools, roads & highways, welfare, and so on.

Since no one can distinguish these two, socialism has absolutely no meaning anymore whatsoever.

Scandinavia is NOT socialist: it is CAPITALIST with socialist economic policies.

People of the likes of Bernie Sanders don't understand the difference between social democracy and democratic socialism.

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