Peace, Love, and Rock-n-Roll from a proud Lefty, Liberal, Socialist Hippie

Monday, January 21, 2013

According to Merriam Webster

OK, one more time for all you geniuses that still refer to President Obama as a Socialist:

Definition of CAPITALISM

: an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market


Definition of SOCIALISM

: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods


Definition of COMMUNISM

a: a theory advocating elimination of private property

b: a system in which goods are owned in common and are available to all as needed
So please stop insulting us Socialists (and wannabe Communists) by lumping a rabid Capitalist like Obama in with us. While he may believe in "regulated Capitalism" the means of production and distribution still lies in the grubby hands of the monied classes.
Chad (The Left) Shue

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