By Bud Angst Socialism is a system wherein government provides and decides everything. Under socialism, government provides the health care system. Government provides the curriculum, the schools and universities, and the teachers. Government provides a solution.
Government provides the policing, the justice, punishment and treatment for the victims.
You name it and, under socialism, government copes with it. If, in the process, government creates other problems such as encroaching on individual rights and freedom well, that s the price we pay for government s help. For now, let s consider only the first cost, the cost of socialism in dollars and cents. In a country and state such as ours, where government is financed primarily on personal and corporate income taxes, socialism grows when times are good. Generated by prosperity and rising incomes, government grows faster than it can logically handle the money.