09 February 2019


Tonight, we renew our resolve that America will never be a socialist country.
-- The Manchurian President/2019


Well... he's way, way too late. First off, what is 'socialism' anyway? Communism is based on widespread/universal common, i.e. state, ownership of capital. But 'socialism' isn't that. Rather, it revolves around the recognition that some goods and services are necessary to full functioning of the society. That is, such goods and services are too important to be left to profit-taking private enterprise for at least one of a few possible reasons. Here are some:
1) private enterprise deems profit too slim to warrant providing the good/service; many vaccines, many forms of R&D
2) the good/service is too vital to survival that consumers have no choice but to buy; again, vaccines
3) individual consumers face monopoly in buying; electricity
4) the good/service is either a directly or indirectly scarce resource in the country; clean air and water
5) enforce 'payment' for otherwise coerced externalities; tailings from smelters

Here is a list, just off the top of my head, of all the 'socialist' vectors currently in our economy.
1) Social Security
2) Medicare
3) Medicaid
4) publicly owned utilities (electricity, water, sewer, gas, innterTubes)
5) public education
6) highways
7) FAA
8) Dept. of Agriculture food inspection
9) $20 billion/year in farm subsidy
10) FDA drug approval
11) EPA (I know, it has no legitmate remit)
12) publicly financed sports arenas
13) pro sports restrictions: salary caps, drafts, limited player movement
14) tariffs (yes, these are just taxes on consumers, allowing domestic producers to raise price)A
15) NOAA (yes, it's being run by the guy from AccuWeather who wants to put NOAA down)

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