Transferism, Not Socialism, Is the Drug Americans Are Hooked On

[Chris]

Transferism, Not Socialism, Is the Drug Americans Are Hooked On

...Socialism is state control of the means of production. The intent is that these means are to be used for the public good. By contrast, capitalism is simply private ownership of the means of production. The intent is that these means are to be used to advance the interests of those who own them, which will in turn create conditions of general prosperity that can be enjoyed by all.

...These four in ten Americans, and the politicians who speak for them most vocally, are not advocating socialism at all; they are advocating what we should really call “transferism.” Transferism is a system in which one group of people forces a second group to pay for things that the people believe they, or some third group, should have. Transferism isn’t about controlling the means of production. It is about the forced redistribution of what’s produced....

OK, true enough but socialism by any other name is still socialism. The article ignores the historic fact that in the 90s with the collapse of the Soviet Union and the concession to Mises and Hayek in the economic calculation problem, neoMarxists abandoned their old argument advocating for the control of the means of production to advocating for control of the ends of production. Robert Reich's The Answer Isn't Socialism; It's Capitalism That Better Spreads the Benefits of the Productivity Revolution explains that very well.

[Peter1469]

Transferism, Not Socialism, Is the Drug Americans Are Hooked On



OK, true enough but socialism by any other name is still socialism. The article ignores the historic fact that in the 90s with the collapse of the Soviet Union and the concession to Mises and Hayek in the economic calculation problem, neoMarxists abandoned their old argument advocating for the control of the means of production to advocating for control of the ends of production. Robert Reich's The Answer Isn't Socialism; It's Capitalism That Better Spreads the Benefits of the Productivity Revolution explains that very well.

Reich argues that capitalism needs to be reformed. To better distribute the fruits of capitalism. He provides the New Deal Legislation as an example to better distribute those fruits. Government directed. He also wants to end the benefits of long term capital gains. He wants to increase the Earned Income Credit (unEarned). Limiting corporate executive pay. Directing more corporate profits to the workers. Although he still claims we don't need socialism.

[RMNIXON]

It comes down to redistribution of wealth even if that falls short of the State making a grab for private property takeovers. The Super Rich Left feel secure that the future will be in Government/Business partnerships where they keep their private property and profits. They know how to work the financial system so that higher taxes do not impact them much at all, instead they harm the small business and Middle Class earner trying to have some measure of financial independence.

What the left are doing to this country is no secret if you pay attention. State tolerated Capitalism for the favored few and shared misery for everybody else.