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Thursday, January 19, 2017

"Socialism" Distinguished From "Socialized Capitalism"

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Socialism

A necessary clarification...

Socialism is a system of government in which The State owns "the means of production."

What we have in the "United" States is capitalist ownership of the means of production, coupled with a system of socialized benefits which provide for "The Common Good" and "The General Welfare" - both made possible by tax revenues.

Ben Franklin On "No New Taxes"

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