Socialism Is Dead. Let's Move On. We Won.

Gary North reports:

Obama is not a socialist. The Democrats are not socialists. I have not heard Bernie Sanders call for the nationalization of America's corporations. They are defenders of the welfare state. They want more taxes on the rich. They want more regulation of the economy. They want to direct the capitalist system, in exactly the same way as the fascists did in the 1930's. They want to retain the private ownership of the means of production, but they want to tell the private owners what they can or cannot do with their capital. They want to direct the productivity of capitalism. They do not want state ownership of the means of production. They want to use the famous carrot and stick to direct production along certain lines, but they don't want any responsibility for having done so.

They are content to have sufficient productivity from the corporate system so that the government can benefit from a high percentage of the golden eggs that it hatches. Parasites don't want to kill their hosts. Socialism is an economic philosophy of killing the host. The Left today is made up parasites, do-gooders, and virtually no Communists or socialists.

Gary North is being nice. Many on the left would love for the federal government to set up an infrastructure bank.