Tag Archive | "Socialism"

Thought Talk: Is socialism a feasible economic strategy?

Socialism is the political belief that the government must be heavily involved in society and try to make it “as fair as possible for as many people as possible.”  Socialism has been around for many years and has been attempted in many countries with varying amounts of success.  Supporters of this resolution may contend that socialism, while not as widely used, has worked effectively in the past.  Many believe that at its core, socialism is the fairest form of government since it strives to ensure equality for all and the betterment of all.  However, opponents may retort that socialism interferes with capitalism, and that in most cases socialism has completely fallen through when attempted.  Opponents to socialist also claim that government is too bureaucratic to effectively help out society, and that small businesses that focus on individual tasks will be more effective.  Either way, socialism is nowadays often considered “radical” in the United States and is  met with strong criticism.  Do you believe that socialism is a feasible economic strategy?

Last edited by KS on FEB 2011

Posted in Economics, PhilosophicalComments (3)

Resolved, that socialism is more beneficial to society than capitalism.

Socialism is defined to be a general term for the political and economic theory that advocates a system of government ownership and management within the means of production and distribution of goods. It is an approach which is often viewed as a counterpart to capitalism, which places an emphasis is placed limiting governmental interference with trade and interaction. Which system is most beneficial to our current American society? Would there be any harmful repercussions if the United States switched to more socialist policies?

Posted in Domestic Affairs, Economics, PhilosophicalComments (0)

Resolved, that the healthcare overhaul is socialistic.

The overhaul of our nation’s health care system by the newly passed Affordable Care Act will massively change the way Americans buy health insurance and obtain health care. Among other things, the law places new restrictions and regulations on insurance providers to protect consumers, forces insurers to provide new benefits for their customers, and calls for millions of dollars of federal funds to help senior citizens buy prescription drugs. The entire program will cost millions of dollars of taxpayers’ money, and it will create many new government agencies, two aspects that are socialist in nature. The Act does not create a new government provided healthcare plan, however, instead regulating and aiding existing commercial plans, so the health care system still runs in the free market. The government has supported millions of individuals with federally sponsored Medicaid for many years, so even before the Act was passed, the system had ‘socialist’ leanings. The new plan’s call for greater government involvement will lead to increased government spending as well as interference with doctors, hospitals, and insurance companies, but will not eliminate private insurance companies or health providers. Is the healthcare plan promoting socialism, as some would say, or simply enforcing greater regulation of the free market? 

Posted in Domestic Affairs, Economics, Hot TopicsComments (2)

Resolved, that the United States is moving toward socialism.

One of the more popular epithets for Barack Obama is that he is a socialist—but such accusations ignore the nuances of the sophisticated political system. Some contend that socialism is the middle ground between anarchy and communism, and is the only true centrist philosophy. Others believe that a socialist government actually provides for its people, whereas the center-right American system ignores many of the issues its citizens deal with every day.
Pros:
• President Obama is turning the United States into a socialist country.
• More and more actions in government are of socialist nature such as the government bailout and recent healthcare bill.
• Expanding government mortgage intervention to 90 percent of the housing market.
• The United States has been moving further and further to equitable distribution of resources, obviously a socialist movement.
Cons:
• The social welfare programs of government have been for the most part positive and are simply responses to the genuine social needs of the great majority of Americans.
• Our democratic government needs to regulate the market, protect the environment, and ensure a basic level of equality and equity for each citizen
• The United States has had programs such as Medicaid, food stamps, and social security for a long time, and is certainly no more “socialist” than it always has been.

Posted in UncategorizedComments (2)