Webster Quote

Webster Quote

Friday, January 01, 2016

How's the Profit System Working For You? Me, Neither




As the world begins a new year, the United States has its first major self-proclaimed socialist running for President in many decades.  Bernie Sanders, Senator from Vermont, has lifted up the Scandinavian countries as exemplars of what the U.S. could try to do.  And the present author has written that the kind of mixed economy shown in Scandinavia is the closest model now existing for what America needs.

Sadly, in at least one country, Sweden, social protections have somewhat eroded over the last few decades.  The explanation at hand is that Sweden, while maintaining a social safety net far superior to that in the U.S., is still essentially a capitalist country.  This explanation I agree with.  Thus the difference between the United States and Sweden is a matter of degree.

The world has really come to a a turning point.  Shall we have an economy which maintains primary support for companies operating on the premise of profit?  Or shall we have an economy operating on the premise of justice for each individual person as a means to a just and successful economy for all?  We as individual citizens, and as Americans, have the privilege, and obligation, to study this matter, and to answer this question.  Events are demanding a decision.


Is Sweden Truly Socialist?

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