Wednesday, November 10, 2010
O'Donnell explains socialism
He's right that it's important to recognize that every modern economy is a blend of capitalist and socialist practices. I appreciate his characterization of unbridled capitalism as inhumane. Labeling something or someone "socialist" shouldn't be akin to calling them evil.
If there are any politicians calling for complete repeal of Medicare and Medicaid and progressive taxation schemes, I want to hear them acknowledge the inhumane consequences of such repeals.