Issue Date: 5/11/09
Socialism may cure what ails us
By Spencer Meyer
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The cure could be socialism.
I know I used the "S" word, but do not call the FBI just yet, Sen. McCarthy.
Socialism sets aside greed in a time of suffering and places the emphasis on the welfare of the people, whereas with capitalism, business is unrestricted and the people are left to fend for themselves.
Fending for one's own welfare is not necessarily wrong, but the current state of the nation does not seem to be faring very well on these traditions.
As unemployment continues to grow from San Diego to Detroit with inflation on its back, many citizens are wondering what the government is going to do about it.
The problem with that statement is "government."
The current economic system in place in the United States is capitalism, which translates as private entities managed and produced by individuals, not the government. Many believe the government is at fault for getting us into this unhealthy state.
In a sense it was, but only in that the government did not act enough and regulate before things proceeded as they did. The opposite of deregulation is more government intervention.
The last time any American heard about socialism, they were listening to another European plot to control individuals as they recalled socialism being similar to the plan China was implementing on Vietnam: communism.
Communism is the belief that everything should be shared and all shall be owned by the government, which, contrary to popular misbelief, does not share the same definition as socialism.
Sweden, a socialist country, is an illustrative example of the many advantages of the economic theory.
Striving toward equality for all, regardless of economic, social or political standing, Sweden provides services for everyone and only accepts an equal proportionate amount of everyone's income to provide these services.
The Swedish economy is fueled by its technology sector, which is a result of its state-funded education.
The United States only funds education through high school, which leaves its citizens to pay for their further education if they would like to continue. This limits many creative minds as economics stand in their way between their dream career and themselves. Instead, they settle for a debtless future at the local fast-food establishment.
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