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Old 12-05-2012, 10:06 AM   #1
kennyc
The Dank Side of the Moon
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Most Looked Up Words of the Year

Socialism and Capitalism .... Hmmm.....

http://www.washingtonpost.com/nation...02c_story.html
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Old 12-05-2012, 11:50 AM   #2
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... and still nobody know what they mean.
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Old 12-05-2012, 11:53 AM   #3
kennyc
The Dank Side of the Moon
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That's the amazing thing to me, that they had to look them up and they still misuse them!
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Old 12-05-2012, 12:14 PM   #4
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Luckily, I am here to aid the masses.

Socialism - Spending all of your time on Facebook.

Capitalism - YELLING ON FACEBOOK!
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Old 12-05-2012, 02:31 PM   #5
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What we were taught in a socialist country was that socialism is just a phase in the process of moving toward communism...I guess that's not what it means on the other side of the ocean
And additional explanation to put it simple (we had subjects in school on marxism and socialism) was that unlike in capitalism, in socialism you have ownership (i.e. control of the means of production) based on cooperative management (not the private one) and once the communism phase is entered the ownership will simply be collective, public, with everybody getting according to his needs as opposed to according to his ability

Edit: Morale of the story: It is not communism that failed, we just didn't reach that highest phase yet...
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Old 12-05-2012, 02:40 PM   #6
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Socialism is great until you run out of other people's money.
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Old 12-05-2012, 06:37 PM   #7
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So missused...

Seems like both are used in wrong way by general rethoric.
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Old 12-05-2012, 07:54 PM   #8
Andrew H.
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Originally Posted by shorttimer1 View Post
Socialism is great until you run out of other people's money.
So is capitalism...
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Old 12-05-2012, 09:34 PM   #9
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So is capitalism...
You mean as long as you have the money ;D
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Old 12-08-2012, 07:02 AM   #10
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The Existence of central banking Cartels that conjure "money" from thin air and lends it to so called "sovereign governments" at interest, has long since made both of those labels moot.

People would be better off researching the true meaning of Oligarchy.
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Old 12-08-2012, 07:09 AM   #11
kennyc
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and what of hegemony?
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Old 12-08-2012, 07:15 AM   #12
Anabran
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and what of hegemony?
A status long enjoyed by the oligarchs IMHO
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