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Here's a definition of socialism:

That's more communism than socialism, and it doesn't much apply to the modern world.

Look here buddy:
http://en.wikipedia.org/wiki/Social_democracy







This is a funny comedy site, 10/10.
 
That's more communism than socialism, and it doesn't much apply to the modern world.

No it's not, you just don't know the difference between the two.

Here's another definition, this time from Britannica.


It's hard to see how you could call Australia socialist but not Singapore given how their economy is structured.
 
Wow McLovin, you weren't long replying to that, were you lurking:couch?? LOL!
 
Because Australia has very significant wealth redistribution and Singapore does not?

If you knew anything about socialism you'd know that it advocates the complete opposite: "To each according to his own contribution" (you get out what you put in; don't do anything don't get anything), which hardly sounds like income redistribution, is a fundamental tenet of socialism. Socialism, however, does believe in state owned or controlled enterprises, some 60% of Singapore's GDP is based on those types of corporations. I know which one appears to be more socialist, although in reality they are both mixed-market economies.

CanOz said:
Wow McLovin, you weren't long replying to that, were you lurking?? LOL!

I was on my way to bed.
 

It's actually, "From each according to ability, to each according to need". And yes, it does sound like wealth redistribution - and that is precisely what it is.
 
It's actually, "From each according to ability, to each according to need". And yes, it does sound like wealth redistribution - and that is precisely what it is.

Oh dear. No, that is Communism. Why is this so difficult?

Here you go.

To each according to his contribution is considered by socialists and Marxist socialists as a characteristic of society directly following the transition to socialism, but preceding the final step to communism.

 
Socialism leads into Communism - says right there, doesn't it?

No, it says socialism is a step that precedes Communism. Socialism in itself doesn't "lead into Communism".

Now back to the question, why is Australia socialist but Singapore isn't?
 
Now back to the question, why is Australia socialist but Singapore isn't?

I already answered it - because of much greater wealth redistribution from the productive members of society to everyone else, and significant government intervention in the economy.

However I would again like to point out my scale thesis, and that it is no an absolute "socialism" or "capitalism".
 
Australia strikes a pretty good balance, except I think we are a bit too open to foreign imports. We have lost a lot of industries and expertise offshore that, in an uncertain world we may regret. Buying lots of cheap foreign goods has kept some multinationals rich, but their workers poor and exploited.

I'd like to see us charge the same import duties on other nations that they charge to us.
 
Why not? What do you call it?

I've given you two definitions, both of which define it as the state owning or controlling the means of production. I've shown you that income redistribution goes against the basic fundamentals of socialism. So, it has nothing to do with what I call it, and everything to do with what it is.

How on Earth can someone who doesn't understand what socialism is start classifying countries as socialist?
 
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