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Don't we have a blended Capitalist/Socialist economic system...

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SHRED Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 10:22 AM
Original message
Don't we have a blended Capitalist/Socialist economic system...
...in the USA?

Unfortunately, for too many years now, the Corporate(wealthy) Capitalists have benefited exponentially over, and to the detriment of, the neglected Social side(us).

my 2 cents

--
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T Wolf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 10:24 AM
Response to Original message
1. Simply and often put - the risks are socialized to the population while the profits are privatized
to the capitalists running the system.

This is not a "hybrid" I can support.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Thu Apr-09-09 10:28 AM
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2. Deleted sub-thread
Sub-thread removed by moderator. Click here to review the message board rules.
 
JHB Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 10:35 AM
Response to Original message
3. The more common term is "mixed economy"...
Edited on Thu Apr-09-09 10:35 AM by JHB
...and yes. We never needed a "Third Way", because we already had one.
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demmiblue Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 10:44 AM
Response to Reply #3
4. Crack a textbook... PLEASE!
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demmiblue Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 10:44 AM
Response to Reply #3
5. Whoops, meant to reply to gotmessage!
Edited on Thu Apr-09-09 10:47 AM by demmiblue
Edit: not the OP, but to gotmessage.

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JHB Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 10:50 AM
Response to Reply #5
7. Thanks for the clarification
:hi:

Suddenly I'm having trouble connecting with the article he cited.
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L0oniX Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 10:50 AM
Response to Original message
6. I get a kick out of the retired people bitching about Obama being a socialist...
and I tell them they are hypocrites to their face because they are on "social" security and Medicare.
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SHRED Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 11:18 AM
Response to Reply #6
8. My dearly departed Dad...
...was a dittohead.

He would rail against "socialized medicine" while on Medicare.

Truly stunning.
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Romulox Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-09-09 11:28 AM
Response to Original message
9. The "socialist" part of our economy is transfers from the poor to the rich. nt
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