im not talking about russian or chinese style socialism. thats not true socialism,its a twisted version of totalitarianism. its definitely not democratic socialism. for every venezuela offered as an example of failed socialism i can offer up a failed capitalistic society.
germany,france,scandinavia and a whole host of countries have varying degrees of democratic socialist economies and have standards of living equal to or higher than teh US without the huge wealth disparity we have,plue they have better education and healthcare systems.
Amazing how many prop up the idea of socialism. Great liberal ideology of utopia. Everyone shares in the harvest. Pilgrims tried it and didn’t work out so well. Many never contribute it was there for the harvest. They had to change it to you keep what you worked for. Now a days, look no farther than social security. A once choice plan now forced into all of us. Those of us who contribute and calculate what we put into will lose our stomachs to see how much less we get from it.
The idea of socialism should die on the ash heap.
Social Security was not designed to be an investment plan.
But it achieved its objective quite well. Before Social Security, the elderly poverty rate was really high. After SS was implemented, the poverty rate declined quite precipitously.
Nothing was stopping these people from saving on their own for retirement before SS.
Moderation. As in alcohol consumption. A little will make you stupid, more will make you puke, and to much will kill you. The healthiest option is to abstain.
That’s actually a good analogy to socialism.