Re: What's wrong with Socialism ?Nov 18th, 2008
The difference between Socialism and Communism was explained to us by our grade 8 teacher, if you can believe that.
Also, I am not saying that Socialism is good per se. What I am saying is that there are some good principles in Socialism e.g. this very principle, ‘from each according to his/her ability, to each according to his/her work.’ Sounds very good to me.
In my opinion the best system is one which combines the good aspects of Socialism with good aspects of Capitalism. I think European style Social Democracy does a pretty good job of that.