Liberal Democrat

Liberal Democrat
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Wednesday, June 3, 2015

TruthDig: Opinion: Chris Hedges: “Karl Marx Was Right”: The Old Capitalism-Socialism Debate

TruthDig: Opinion: Chris Hedges: “Karl Marx Was Right”: The Old Capitalism-Socialism Debate

I’m really tired of this old debate between capitalism and socialism, as if they are two competing ideologies. That they are complete opposites of each other, when they’re not. The opposite of a capitalist, would be a Marxist, or a statist. Someone who is completely against private property and private rights, other than maybe when it comes to personal property and one’s homes and transportation. But that the central state is in control and owns and runs the rest of the economy. And there are very few countries left with economic systems like that. North Korea, a country that can’t even feed itself, is one of the very few countries left with a state-owned command and control economic system.

Socialism and capitalism, are not complete opposites of each other. You can be both. Senator Bernie Sanders, everybody’s favorite Democratic Socialist now, is a Socialist. But he’s also in favor of capitalism and believes in property rights. But what makes him different from, gee I don’t know a Conservative, or a Liberal even, is how much of a role he would give the Federal Government. Senator Sanders, would still leave most of the American economy in private hands. But have government take over what Socialists like to call the basic necessities of life. Education, health care, health insurance, childcare, retirement and perhaps a few others. With the private sector still producing all the transportation, technology, housing, food, agriculture, entertainment, to use as examples.

Chris Hedges, is a Democratic Socialist, but he’s also a capitalist. He’s an editor at the private democratic socialist publication TruthDig. He doesn’t work for the government, or work for some state-owned enterprise and I don’t think he ever has. He’s worked in private sector journalism in one form or the other his whole career. And is also an author and has made a very good living and built a very good career for himself in the American private enterprise capitalist system. Same thing with private filmmaker Michael Moore, who also likes to put down American capitalism. But Moore has used the same system that he says he doesn’t like to become a millionaire from the films he’s made.

It’s not a matter of whether you have a capitalist private enterprise economic system, or not. At least for most of the world and all the developed world now. But role for government do you have in that private enterprise system. Especially the central state and how big of a central state do you have and what exactly do you have it doing. What services does it provide for the people and at what cost to the people. Which is called taxation and also how big of a regulatory state do you have to oversee the private sector in the economy. But it is no longer a debate between the capitalist and the Socialist, because the Socialist will also most likely be a capitalist as well. But socialistic in nature. The real debate is what type of capitalist private enterprise system that you have.


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