The word “Socialism” is widely thrown about today both in a negative and positive context. But there is a reasonable middle ground. There is no reason for an extreme left or right.
We can debate what the best balance is between the three. But it’s counterproductive to engage in demonizing and name-calling, and we shouldn’t irrationally condemn any of the historic and vital aspects of what’s become the world’s greatest economy. People on the left have no doubt benefited from wealth earned by entrepreneurs. People on the right have had their lives enhanced, and possibly saved, by government safety standards. And we all love national holidays.
Source: The S Word – HumbleDollar