The current use of Socialism is to scare people and also as a distraction from what is actually happening to the so called capitalism in the Unites States and worldwide. Right or wrong I have assumed that in our practice of capitalism the economy was based upon providing a product or service with competition as a control. Because of changes in regulations and laws, the economy is now based upon the manipulation of money and speculation and competition is a minute factor. Laws have been rewritten to provide federal protection to big companies when they guess wrong which takes personal risk out of speculation and shifts the risk to the government hence the people.