American Capitalism is not capitalism. It is a mix of socialism (half of peoples' income is stolen and redistributed by the state) and cronyism (political privilege is granted to some over others)

submitted by useless_aether from (twitter.com)

sorted by:
top
newinsightfulfun
you are viewing a single comment's thread.

view the rest of the comments →

[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

Another guy who doesn't understand what socialism is. There is nothing socialist about the US economy.

It is micro-communism and cronyism. The English language word "Socialism" is not what this guy implies. He is using orwellian newspeak for socialism.