Thursday, June 04, 2009

What Socialism Really Looks Like

This is the threat of socialism that Rush, Hannity, O'Reilly and the rest of the Right Wing echo chamber have their knickers in a knot about in relative terms since Obama took office.

All their fear over absolute nothing. The increase is almost not worth mentioning, yet it's a Republican talking point brought up at every chance.



Conor Clarke
at The Atlantic writes:
"There is a serious discussion to be had here, and I think Jon Henke is having it: Socialism, like farenheit, comes in degrees. Sure, a government that nationalizes GM is "more socialist" than one that does not, even if it doesn't mean we're living "under socialism." But differences of degree shouldn't obscure differences of kind, and as Tim Fernholz says, "it's clear that putting the government in charge of private production is not the Obama administration's guiding philosophy."

If it were, 99.79% of the American corporate assets that existed at the start of the Obama administration would not remain in private hands. The differences of degree are so small that they aren't worth mentioning. And yet, somehow, they keep getting mentioned."
Source: Oliver Willis

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