It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by Kali74
Todays Democratic party talks a good social (not socialist) game, they talk about economic equality and standing for the poor and disenfranchised, but they don't fight very hard... they talk about big bad corporations but don't stop them from filling their coffers, and then turn around and vote corporate interest.
Just out of curiosity why do you say Obama is a Marxist Socialist? A lot of Conservatives say that but I personally find Obama to be one of the best Capitalists we'ev ever had. If Obama were a Socialist (not the Marxist variety) his policies would have been more to my liking and he'd most likely not have lost my vote.edit on 11-10-2012 by Kali74 because: (no reason given)
Definition of SOCIALISM
: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
a : a system of society or group living in which there is no private property
b : a system or condition of society in which the means of production are owned and controlled by the state
: a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done
System of social organization in which private property and the distribution of income are subject to social control; also, the political movements aimed at putting that system into practice. Because “social control” may be interpreted in widely diverging ways, socialism ranges from statist to libertarian, from Marxist to liberal. The term was first used to describe the doctrines of Charles Fourier, Henri de Saint-Simon, and Robert Owen, who emphasized noncoercive communities of people working noncompetitively for the spiritual and physical well-being of all (see utopian socialism). Karl Marx and Friedrich Engels, seeing socialism as a transition state between capitalism and communism, appropriated what they found useful in socialist movements to develop their “scientific socialism.” In the 20th century, the Soviet Union was the principal model of strictly centralized socialism, while Sweden and Denmark were well-known for their noncommunist socialism.
Originally posted by rickymouse
But Obamacare does not give any power or money to the people. It possibly increases the income of the medical and insurance industries by just spreading the costs over many people.
Source(I hope Wiki works for such a base definition of terms)
Oligarchy (from Greek ὀλιγαρχία (oligarkhía); from ὀλίγος (olígos), meaning "a few", and ἄρχω (archo), meaning "to rule or to command") is a form of power structure in which power effectively rests with a small number of people. These people could be distinguished by royalty, wealth, family ties, education, corporate, or military control. Such states are often controlled by a few prominent families who pass their influence from one generation to the next.
Definition of CAPITALISM
: an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market
Obama has consistantly given businesses and banks money with stipulations. That is actually a capitalistic move. If Obama would have given every taxpayer ten grand to pay down debt, that would have been a better solution than giving the banks money. The banks would have gotten all the money but I feel it would have stimulated the economy better in 09
Economic system in which most of the means of production are privately owned, and production is guided and income distributed largely through the operation of markets. Capitalism has been dominant in the Western world since the end of mercantilism. It was fostered by the Reformation, which sanctioned hard work and frugality, and by the rise of industry during the Industrial Revolution, especially the English textile industry (16th–18th centuries). Unlike earlier systems, capitalism used the excess of production over consumption to enlarge productive capacity rather than investing it in economically unproductive enterprises such as palaces or cathedrals. The strong national states of the mercantilist era provided the social conditions, such as uniform monetary systems and legal codes, necessary for the rise of capitalism. The ideology of classical capitalism was expressed in Adam Smith's Wealth of Nations (1776), and Smith's free-market theories were widely adopted in the 19th century. In the 20th century the Great Depression effectively ended laissez-faire economics in most countries, but the demise of the state-run command economies of eastern Europe and the former Soviet Union (see communism) and the adoption of some free-market principles in China left capitalism unrivaled (if not untroubled) by the beginning of the 21st century.
The government did not take ownership of any business or industry under Obama.