November 16, 2020

Word: Socialism

Image may contain: 1 person, eyeglasses, text that says '"Socialism is a scare word they have hurled at every advance the people have made in the last 20 years. Socialism is what they called public power. Socialism is what they called Social Security. Socialism is what they called farm price supports. Socialism is what they called bank deposit insurance. Socialism is what they called the growth of free and independant labor organizations. Socialism is their name for almost anything that helps all the people." Harry S. Truman, 1952'

Via Jim Amend

 

1 comment:

Anonymous said...

Socialism, as originally used by the followers of Robert Owen, appeared for the first time in their Co-operative Magazine of November 1827 and meant common ownership (not nationalisation or state capitalism). Later, in 1875, at the first meeting of the German Social Democratic Party Eduard Bernstein. and others claimed that the capitalism could be reformed to meet working class interests, By championing gradual, ethically-inspired reforms they rejected socialism's revolutionary and materialist foundations.

Since then, the vast majority of 'socialist' groups individuals & proposals are better identified as left-leaning, progressive or social democrat.