Thursday, March 28, 2019

Mixed Economy - in the U.S. of A.

This article on Investopedia focuses on the differences between socialism and communism, but it lays bare the reality that the United States has excepted elements of socialism as normal.

The Difference Between Communism and Socialism

When I was in Germany as an exchange student, our German counterparts proudly presented their "social welfare state." I cringed, but what do we have here? Do we have 5 pillars of a social welfare state?


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