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Uploaded by on Nov 2, 2008

McCain Campaign Calls Obama a Socialist—But Why is That a Smear?
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As the presidential race enters the final stretch, the McCain campaign has been sharpening a new line of attack against Sen. Barack Obama: charging that his tax plan amounts to socialism. We speak to Harpers publisher Rick MacArthur about whether Obama is a socialist and why being called one is considered a smear in US political culture.
EXCERPT

Rick MacArthur
Publisher and president of Harpers Magazine. He is an award-winning journalist and author. His latest book is called You Cant Be President: The Outrageous Barriers to Democracy in America.


... Well, a socialist believes in real—I mean, a serious socialist believes in real government control of industry, of takeover of private enterprise, which is an argument were going to have to have in the next six months. If the auto industry collapses, which is a real possibility, there is going to be an argument about whether we should save certain industries, nationalize certain industries, like they do in Europe. For a long time, Renault was owned by the government of France, and then eventually they privatized it. Are we going to take over General Motors, are we going to take over Chrysler, are we going to take over Ford, in order to save national industries? ...

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S O C I A L I S M

Socialism refers to a broad set of economic theories of social organization advocating state or collective ownership and administration of the means of production and distribution of goods, and the creation of an egalitarian society. Modern socialism originated in the late nineteenth-century working class political movement. Karl Marx posited that socialism would be achieved via class struggle and a proletarian revolution which represents the transitional stage between capitalism and communism.

Socialists mainly share the belief that capitalism unfairly concentrates power and wealth among a small segment of society that controls capital and creates an unequal society. All socialists advocate the creation of an egalitarian society, in which wealth and power are distributed more evenly, although there is considerable disagreement among socialists over how, and to what extent this could be achieved.

Socialism is not a discrete philosophy of fixed doctrine and program; its branches advocate a degree of social interventionism and economic rationalization, sometimes opposing each other...
...Social democrats propose selective nationalization of key national industries in mixed economies combined with tax-funded welfare programs...

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  • We started privatizing things here and found out that

    service became worse and much more expensive in private hands :(

    ppl in USA should stop sounding like a ghost of the 80s and get rid of

    some of these leeches.

  • USA already have socialism for big corporations..

    Well its kinda like a reversed Socialism :p

  • If obama is a socialist, then all middle- to low class americans should thank god.

    I´d rather see rich people give a little money to the society in order to give america free health-care amongst other things.

    But dont worry rich-people, you will still have more money than you can spend after that.

  • truth

    youtube.com/watch?v=Q98DYXpEHT­0

  • I hope Obama is a Socialist. The funny thing is a socialists is nothing like the view conservatives have of socialism...Let me correctmyself there, they know what a socialist is, and they twist to make it seem evil extreme and unworkable.

  • Calling Obama a socialist is evidence of how far right some people in America have gone.

  • @megarational

    The US economy already suffers because of the gap. 

  • I'm a socialist and proud. Obama should become one. He's definitely a centrist, though.

  • @Xephon212 Not all, but most who strictly refer to themselves as "liberal democrats"

  • @OmarAlQaseer I hear you.  All liberals are by nature capitalists right?

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