FROM MY CORNER: Socialism vs Capitalism
Howell Hurst Economy & Finance, Humans, People, People Politics, Poverty
This commentary is longer than my usual short essays. It is a copy of a piece I submitted to the newspaper, The Epoch Times, responding to a very long series of pages they recently published bashing all forms of Socialism in what I judged to be the broadest, most general, and utterly biased manner. (They refused to even discuss it, let alone publish it; so much for their alleged “Truth and Tradition” journalistic slogan, which seems to mirror Fox News’s “Fair and Balanced” one, and Trump’s endless distortions of the facts of life on our tiny planet.)
Here is a brief outline of the commentary.
Capitalism vs Socialism is an over simplification of a far more nuanced issue.
A combination of Capitalism and Socialism is a rational alternative concept.
The benefits of such a combination accrue to all – rich and poor.