“As I said, problem of semantics.” Ah yes, the meaning of words. If we don’t agree on what Socialism means, we can’t have a rational debate about it.

It is Elias who has the problem with Semantics, not Svetlana.

The Webster Dictionary defines Socialism as

“1: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods.

2: a system of society or group living in which there is no private property, in which the means of production are owned and controlled by the state.

3: a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done.

Leaving aside the Marxist theoretical definition of Socialist as a transitional state leading to the Communist Dictatorship of the Proletariat, which is more a warning than a definition, the first two definitions are in general accord:

State ownership and control of all property and production is at the core of Socialism: this is nothing like the “Democracy” of the ancient Greek Republic.

“Government … administration of the means of production and distribution of goods” is at the core of what is wrong with Socialist economics: bureaucratic central planning of the economy has never worked and can never work, because it is impossible to plan everything from a central bureaucracy. The Free market always out-performs central planning through the price sinals of supply and demand in a free economy.

“Government ownership” is at the core of what is wrong with Socialist Politics: only by violent, totalitarian means can the government steal all private property from its rightful owners.

I work in IT, Community volunteer interested in Politics, support Capitalism as the best economic system for lifting people out of poverty, Skeptical scientist.

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