While it is helpful to remind ourselves that the technical definition of “Socialism” is quite narrow, and that by that definition we must understand “Socialism” is indeed a dead political and economic philosophy, let’s not be so black-and-white minded that we ignore the obvious. Whether the government technically owns the means of production, or whether the government simply has its finger in every pie, is only a matter of degree. I argue that both are therefore Socialism since they partake of the same principle: theft by government.
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