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capitalism vs socialism

Joel Eissenberg | June 27, 2026 8:15 am

Politics
US/Global Economics

The American right uses the words “socialist,” “communist” and “Marxist” as epithets, not according to their actual definitions.

Comments (5) | Digg Facebook Twitter |
5 Comments
  • david says:
    June 27, 2026 at 9:35 am

    well for the right its more of a political attack since they have no idea what each means really. t

  • JackD says:
    June 27, 2026 at 2:55 pm

    What would one call Russia today? Certainly not Communist in Lenin’s sense of the word.

    • Joel Eissenberg says:
      June 27, 2026 at 3:12 pm

      @Jack,

      No, today’s Russia isn’t communist by any definition. The most appropriate description is probably a capitalist kleptocracy.

      In Lenin’s time, the USSR was never communist. Lenin called it State Capitalism, although since the state owned the means of production, it fulfilled a working definition of socialism.

  • William Jackson says:
    June 28, 2026 at 8:11 am

    All Governments are parasitic as they require other peoples money to exist–Smaller the better— there are no angels in government

    • Joel Eissenberg says:
      June 28, 2026 at 8:59 am

      @William,

      All human governments are comprised of people. As such they require *their own* money (and labor) to exist. Pretending that governments exist apart from people is nonsense.

      I suppose governments can be considered “parasitic” in the sense that your brain is parasitic since it parasitizes all the other organs of your body in order to exist. That would be a trivial and useless application of the term.

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