Socialism and Economic Nationalism are just the two wings of the same scavenging Collectivist bird! Socialism By the normal definitions of socialism as it has been since its inception, socialism is an economic system based on collectivist ideas of equality of outcomes by government ownership of the means of production. Its political system is usually Communism. National Socialism and Fascism It is very much like its collectivist twin brother National Socialism, a term used by several different groups and based in the collective ideology of Fascism. In economic terms, Fascism incorporates elements of capitalism and socialism. Fascist economists favor self-sufficiency and private profit, but seek government subsidies of corporations and industrial policy. It is really not Socialism by the definition given above but a form of Populist Nationalism similar to what we see today inside the American right. It seeks to control the outcome and output of private owners, via indu...
Balanced nutrition for the nation's minds!