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Cannonpointer
22 Jul 2014 11:30 pm
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98% Macho Man
98% Macho Man
45,753 posts
Endoscopy » 22 Jul 2014 11:16 am » wrote:
The word socialism is bandied abut with very unclear meaning.
Gosh - ya think?

You mean like when you bathroom funny boys call it socialism when obie puts a nickel into GM, and Capitalism when Singapore owns 30% of the means of production?

At the end of the say, son - after you jokes have been made to squirm for your persistent misuse of the word socialism and your persistent failure to comprehend that capitalist states are always welfare states - no exceptions, - the fact remains that state ownership of the means of production is socialism. Therefore, Singapore is CERTAINLY no less than 30% socialist - and it is THAT 30% which allows it to maintain low taxes by grossing 30% of GDP without dipping into anyone's pocket, and which allows it to set public policy by the weight of its market position rather than by legislation - giving it such a high rating from Heritage.
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