“If "socialism" is defined as "ownership of the means of production"--and this is both the orthodox and the only rigorous definition--then the United States is the first truly Socialist country.” IfsFirstsMeanCountryStatesUnitedUnited StatesDefinitionsProductionsSocialismDefinedOrthodoxOwnershipSocialistSocialist Countries Book:The Pension Fund Revolution Source: The Pension Fund Revolution
“We're not a socialist country, because the socialists believe in government ownership in the means of production, but the fascists believe that the government should have private ownership and the politicians should tell people how to run the businesses. So that's the route we seem to be going.” PeopleShouldBelieveMeanCountrySeemsGovernmentRunningPoliticianShould HaveProductionsOwnershipSocialistRoutesFascistsSocialist Countries Author:Thomas Sowell
“The difference between [socialism and fascism] is superficial and purely formal, but it is significant psychologically: it brings the authoritarian nature of a planned economy crudely into the open. The main characteristic of socialism (and of communism) is public ownership of the means of production, and, therefore, the abolition of private property. The right to property is the right of use and disposal. Under fascism, men retain the semblance or pretense of private property, but the government holds total power over its use and disposal.” MenMeanUseGovernmentDifferencesPowerEconomyAuthorityEconomicsPropertyProductionsSignificantSocialismCommunismCharacteristicsOver ItFascismOwnershipFormalSuperficialPretensePrivate PropertyAbolitionSemblance Author:Ayn Rand
“Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build, it destroys. For destruction is the essence of it. It produces nothing, it only consumes what the social order based on private ownership in the means of production has created.” WorldYearsMeanDoeOrderSocialProduceCivilizationDestructionEssenceProductionsSocialismOwnershipPioneersSocial OrderSpoilers Book:Socialism - An Economic and Sociological Analysis: The Economist Source: Socialism - An Economic and Sociological Analysis: The Economist