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[Diana Duncan <art2mis AT nc.rr.com>]

Y'know, that's exactly what I thought, so I went and looked it up...

so·cial·ism    [Audio pronunciation of socialism]  ( P )  Pronunciation Key  
(ssh-lzm)
n.

   1. Any of various theories or systems of social organization in which the 
means of producing and distributing goods is owned collectively or by a 
centralized government that often plans and controls the economy.
   2. The stage in Marxist-Leninist theory intermediate between capitalism 
and communism, in which collective ownership of the economy under the 
dictatorship of the proletariat has not yet been successfully achieved.

I swear that's not how my high school history/economics teacher told it...

Diana

On Monday 25 November 2002 04:03 pm, you wrote:
> > Unfortunately, U.S. politics have been shifting
> > radically towards
> > socialism for much of the 20th century.
> >
> >
> >
> >socialism involves state ownership of means of production, in the name
> >of the people. it is more an economic system than a governmental system.
> >**capitalism** is the "opposite" of socialism, not democracy
>
> no, no, no; Communism = state ownership.  Socialism allows for private
> ownership but asks (requires) that benefits be shared for the common good.
>
> And I don't see a radical shift towards socialism here in the past century.
>  Certainly many social gains were made -- women's suffrage, the 8-hour work
> day, unionization -- and the US definitely has a Socio-Capitalist system;
> but the system has always leaned and still heavily leans towards
> Capitalism.  Greed rules.
>
> On a lighter note:
> http://vikingphoenix.com/humor/joke-0021.htm
>
> --Alan
>
>
> ---
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