{"id":7054723,"date":"2026-09-02T13:17:55","date_gmt":"2026-09-02T13:17:55","guid":{"rendered":"https:\/\/peraltafinancing.com\/uncategorized\/is-it-socialism-or-just-common-sense\/"},"modified":"2026-09-02T13:17:55","modified_gmt":"2026-09-02T13:17:55","slug":"is-it-socialism-or-just-common-sense","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=7054723","title":{"rendered":"Is It Socialism Or Just Common Sense?"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>The debate over capitalism vs. socialism often looks like a battle of cartoon caricatures: Monopoly Man versus the Marx Monster.<\/p>\n<p>Across the planet there are countless flavors of capitalism and socialism, unique mashups of free markets and government policies. Into this muddle wade the right-wing ideologues who fear the red \u201csocialist\u201d demon hiding in every corner.<\/p>\n<p>If Fox News existed in the 1950s, they would\u2019ve labeled Republican President Dwight Eisenhower a socialist for taxing the wealthy and making broad public investments to expand homeownership, enable debt-free higher education, and build infrastructure and technology that expanded the modern middle class.<\/p>\n<p>Yet, what do these labelers call modern-day China, a country that<a href=\"https:\/\/finance.yahoo.com\/news\/china-minted-billionaire-everyday-last-093000419.html\">\u00a0mints hundreds of billionaires<\/a>\u00a0a year and dominates global markets with private production? Are they socialist or capitalist?<\/p>\n<p>Meanwhile, social democracies, like Canada and the northern European countries, have progressive tax systems and strong social safety nets. Sweden, with its generous welfare state, has<a href=\"https:\/\/cepr.org\/voxeu\/columns\/how-sweden-became-more-entrepreneurial-us\">\u00a0higher rates of entrepreneurship<\/a>\u00a0than the United States.<\/p>\n<p>These countries also have higher rates of social mobility than the United States \u2014 meaning it\u2019s easier for lower-income people to escape poverty and become stable. The American Dream, apparently, has moved offshore.<\/p>\n<p>These welfare states, with their higher taxes on the wealthy, exist comfortably alongside healthy market economies. However, in the United States, whenever a politician proposes that billionaires pay their fair share of taxes so we make public investments in opportunities for everyone else, they are labeled socialist or even communist.<\/p>\n<p>These criticisms conflate a set of policy proposals, most of them quite popular, with an economic system where the government owns the means of production. However, this well-trod attack doesn\u2019t seem to be working anymore, especially for younger generations.<\/p>\n<p>Younger voters see the grotesque inequalities of wealth and power that distort the economy and block opportunity for the non-rich. They witness how large corporations have captured Congress and blocked popular reforms to defend consumers and counter monopolies.<\/p>\n<p>They watch with alarm as billionaire-backed private equity firms buy up healthcare facilities and squeeze consumers in every corner of the economy. They see how both major political parties have been captured by the billionaire donor class and failed to address stagnant wages and rising basic costs.<\/p>\n<p>All generations now understand that the old American Dream has expired,<a href=\"https:\/\/www.cnn.com\/2026\/05\/12\/politics\/cost-of-living-us-financial-problem-vis\">\u00a0with seven in 10 experiencing economic insecurity<\/a>. These folks still hope hard work could lead to a decent life \u2014 to own a home, take a vacation, pass opportunities to their children, and retire before they die. They feel the constant stress of knowing they\u2019re one job loss, illness, disability or divorce away from living in their car.<\/p>\n<p>Without a strong party representing working people\u2019s concerns, political realignments are happening in both parties. A new generation of progressives and a handful of self-described democratic socialists argue the economy should work for everyone, not just the billionaire class.<\/p>\n<p>They believe new technologies \u2014 such as AI \u2014 should serve everyone, not just billionaire tech bros and their global conglomerates. They believe the government has an important role in expanding healthcare, blocking oligarchy and breaking up big corporations.<\/p>\n<p>They advocate for expanding affordable housing to aid people struggling to find decent housing in a hyper-speculative market. Instead of subsidizing private developers, they advocate for housing owned by nonprofit organizations, resident cooperatives, and \u2014 egads! \u2014 government entities, like housing authorities.<\/p>\n<p>These progressives believe we should stop subsidizing the fossil fuel industry and end tax breaks to the Jeffrey Epstein class. They support investments to help us transition to sustainable energy, lower energy costs and reduce climate disruption.<\/p>\n<p>The right-wing pundits \u2014 and some so-called moderates, too \u2014 are hoping that when they trot out the \u201csocialist\u201d bugaboo, your mind will freeze and you\u2019ll start frothing at the mouth. They\u2019re afraid that you will ask\u00a0<i>why<\/i>\u00a0the current system isn\u2019t working and wonder if there are alternatives. Pay no attention to the man behind the curtain!<\/p>\n<p>When someone brandishes the word \u201csocialism\u201d like it\u2019s a stink bomb, take a courageous look at the actual ideas \u2014 higher taxes on the rich? Medicare for All? A raise for working people? \u2014 being proposed. There might be more common sense than you thought.<\/p>\n<div class=\"printfriendly pf-button pf-button-content pf-alignleft\">\n                    <a href=\"#\" rel=\"nofollow\" onclick=\"window.print(); return false;\" title=\"Printer Friendly, PDF &amp; Email\"><br \/>\n                    <img data-recalc-dims=\"1\" decoding=\"async\" class=\"pf-button-img\" src=\"https:\/\/i0.wp.com\/cdn.printfriendly.com\/buttons\/printfriendly-button.png?w=588&amp;ssl=1\" alt=\"Print Friendly, PDF &amp; Email\" style=\"width: 112px;height: 24px;\"\/><br \/>\n                    <\/a>\n                <\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>The debate over capitalism vs. socialism often looks like a battle of cartoon caricatures: Monopoly Man versus the Marx Monster. Across the planet there are countless flavors of capitalism and socialism, unique mashups of free markets and government policies. Into this muddle wade the right-wing ideologues who fear the red \u201csocialist\u201d demon hiding in every [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7048776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142292,191912,217096,102115,198465,217097],"tags":[14835,11514,7350,1533,49815],"dealstore":[],"offerexpiration":[],"class_list":["post-7054723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-capitalism","category-economy-business","category-hp-featured","category-inequality","category-rights-democracy","category-socialism","tag-capitalism","tag-common","tag-inequality","tag-sense","tag-socialism"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Is It Socialism Or Just Common Sense? - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=7054723\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is It Socialism Or Just Common Sense? - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"The debate over capitalism vs. socialism often looks like a battle of cartoon caricatures: Monopoly Man versus the Marx Monster. Across the planet there are countless flavors of capitalism and socialism, unique mashups of free markets and government policies. 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