Quote:
|
Originally Posted by bjo
So I take it you like socialism?
|
Not 100% socialism as in Communism, but I like socialism like practiced in much of Europe and especially in Scandinavia. I think small private businesses are the building blocks to a good economy, however I think large corporations are the downfall of capitalism and they lead to nothing but corruption, wealth inequality, and most of the other evils normally assocated with capitalism. Major industry should be nationalized and the profits from such industries could then be used to subsidize taxes, thus lowering the tax burden on the public.