Socialism is a scare word they've hurled at every advance the people have made. Socialism is what they called public power, social security, deposit insurance, and independent labor organizations. Socialism is their name for anything that helps all people.

โ€”Harry Truman, 1952

@rbreich
Odd that corporate bailouts aren't socialism. In any case an economy with higher taxes, solid social programs and government administered Healthcare performs better in the long run. Except for the billionaires, who lose.
@Oldfartrant @rbreich with only a superficial moment of thought bailouts feel like state capitalism which aids the concentration of capital rather than socialism which would aid it's dispersal