Tuesday, February 12, 2019

JOHN CHUCKMAN COMMENT: THE CARELESS TALK ABOUT CAPITALISM VERSUS SOCIALISM IN THE UNITED STATES

John Chuckman


COMMENT POSTED TO AN ARTICLE ON CBC NEWS



“Is Canada a dangerous bastion of socialism? According to Trump, maybe

“Like the term liberal, socialism has many shades of meaning and some apply to us in Canada”



A mixed economy is what is always called for. It's what we in fact have. There is always the question of arriving at just the right balance, something which will vary from society to society.

And a mixed economy is exactly what the United States also has, just a different mix.

Complete bare-knuckles capitalism is best symbolized by the Mafia.

True socialism just does not produce adequate growth and innovation.