Bettejo Dux one of Kauai's true gems, Today sheguest-blogs about Socialism over Communism and what works and doesn't work...! Enjoy...
We owe China a bundle and if they called we’d be in even deeper yogurt.
However, looking to communism as an answer to our financial mess is not the answer, either. Pure communism doesn’t work any better than pure capitalism and I prefer a democratic social system.
First of all, since the disastrous Bush administration, we have not been practicing capitalism. We have been practicing fascism. A bastardized socio/economic system: endless wars for profit.
The rich get rich, the poor get dead. Disgusting. Disgraceful.
Also, pure capitalism never works. I call it the manic depressive economy. Boom/bust. Boom/bust. Read a little history. In the last crash — in 1929 — it gambled with stocks. In the recent crash it gambled with real property and it always ends up in the same mess. It’s the domino theory. A house of cards. It collapses.
There is a middle way. The dread “S” word. Socialism. Study New Zealand’s economy. The Danish economy. Well-managed, happy, prosperous people in a well-managed, happy, prosperous country. People count. Happiness count. Prosperity counts. A socialistic democracy always works.
Peace and love.
This article oringinally appeared as an opinion article in the Kaua'i Garden Island news on 02-16-13