The Mudcat Café TM
Thread #115250   Message #2479031
Posted By: McGrath of Harlow
29-Oct-08 - 10:52 AM
Thread Name: BS: Obama is a socialist
Subject: RE: BS: Obama is a socialist
Th existence of private property and private enterprise shouldn't be confused with a system in which corporate capitalism runs riot, and diminishes and destroys such things. It's a confusion that is encouraged by corporate capitalists.

That applies just as much when it is state capitalism rather than finance capitalism.

The existence of a significant public sector, including co-operatives and other forms, is in principle helpful to and even essential for genuine human-scale free enterprise.