The free market still operates in those industries and countless other, just not under the 19th century rules of capitalism you espouse.
True socialism is total government control of the economy, and that includes allocation of resources. As long as allocation of resources remains in private hands there will always be capitalism. Now, look at every item in your house and ask yourself how many things were bought at a government store.
It's a far cry from real socialism like that and creating a sensible regulatory environment for the vast, complex economies of the modern world. But somehow that clear distinction escapes you? It's coming in under your radar? Consider this: The recent financial crisis is a dramatic example of the need for strong regulations in that sector. Think about it.
Keeping vigilance against government over-reach is important but frankly, you have become an extremist. I'm done for now.
Current Events » in reply to New Fuel Standards
what real socialism is
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- what real socialism is
- Re: Here's another example from today's news
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- Re: Re: Re: Drill baby drill
- "To a leftist, who believes that every choice should be made in Washington by "Better and Wiser" people "
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- Drill baby drill
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- I see an opportunity
- Re: Buck: Counter to "China must curb emissions first" argument.
- Buck: Counter to "China must curb emissions first" argument.
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