Quote:
"It's not socialism," Llewellyn says. "The mere fact that the government owns something or has a stake in it, doesn't make it socialist. If that was true, you would say that we have a socialist army. The government owns the army."
Defining socialism is complex, Llewellyn says, but it starts with a simple goal: Socialists want to introduce democratic features into the economy to reduce inequality.
The economy has "to be run for the overall benefit of the entire population, not for the benefits of a very few people."
By that measure, Obama's economic policies are not socialist, he says.
"He's trying to save capitalism from itself rather than a radical trying to change into a new system," Llewellyn says
Defining socialism is complex, Llewellyn says, but it starts with a simple goal: Socialists want to introduce democratic features into the economy to reduce inequality.
The economy has "to be run for the overall benefit of the entire population, not for the benefits of a very few people."
By that measure, Obama's economic policies are not socialist, he says.
"He's trying to save capitalism from itself rather than a radical trying to change into a new system," Llewellyn says
I really don't have anything to add. Just thought I'd throw this out there so we have yet another (same) argument!