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Originally posted by beezzer
reply to post by daskakik
Socialism (or social nationalism, or obfuscation) is ensuring an equal outcome, equal results for potentially unequal input /work.
an economic system characterised by social ownership and/or control of the means of production and cooperative management of the economy
Co-op members don't pony out when other co-op owners fail though.
Originally posted by jtma508
Beez, it seems like you're not looking for 'thoughts' but are trying to beat your POV into everyone else. ANOK is correct. The Eurozone most closely resembles a 'Co-operative'. As an example I'll use Ocean Spray cranberry growers. They are a co-op. Although some growers are huge and others small, some more productive than others, they work together to control the cranberry output and price. They cooperatively support research, advertising, product development, administration, etc. The idea was to protect the smaller growers from being gobbled-up by the 'big guys'.
Originally posted by beezzer
Co-op members don't pony out when other co-op owners fail though.
Socialism
A theory or system of social reform which contemplates a complete reconstruction of society, with a more just and equitable distribution of property and labor. In popular usage, the term is often employed to indicate any lawless, revolutionary social scheme. See Communism, Fourierism, Saint-Simonianism, forms of socialism.
Originally posted by daskakik
reply to post by beezzer
Look, there's original socialism and then there is that definition that you posted. The Eurozone does not fit the original definition of socialism and it also doesn't fit the other definition because bailing someone or some country out is not the same as "just and equitable distribution of property and labor". It may share some characteristics but it doesn't make it the same.
Originally posted by daskakik
reply to post by beezzer
I understand that not all countries in the Eurozone have the same standard of living which is why I say that it doesn't fit the definition you posted.
Originally posted by jtma508
reply to post by beezzer
That's not entirely accurate. Going back to my Ocean Spray example, the co-op has certain fixed costs associated with it that support activities that benefit the entire co-op. If a grower does poorly, screws-up or otherwise doesn't pull his weight the remainder of the co-op has to cover those shared costs. What they ultimately do about the aberrant grower depends on the circumstances.
Terminology and most especially labels change. For example, compare the core principals of the present Republican party with it's original roots and stated ideals.
Originally posted by beezzer
reply to post by ANOK
You're splitting hairs.
You focus on one aspect and ignore the rest.