[quote=briansd1]I believe it’s time that we recognize that in America, we intervene in the economy just as much as the socialist countries of Europe.
We just don’t call it what it is to obfuscate the issues. We bail out the banks, but our government is too timid to take them over and throw out the executives.
Our brand of socialism is for the very richest. It creates periods of exhuberance in boom and bust cycles. Only the most entrepreneurial and best connected people can take advantage of those cycles.[/quote]
Under a Socialist model the government owns the means of production. When SHTF the people rise up and blame the government…much like what is happening in Europe.
Under a Facist model the means of production remains under private ownership often directed by the government. This is a much more politically viable model. When the economy takes a turn for the worse politicians parade the business owners in front of a congressional hearing condemning them for the economies ails while all along the business owners were simply following the legislation bestowed upon them by the condemning political body.
What type of model seems more indicative in the US right now? Think Dood and Frank.
