It is true that people — not only ignorant self-described “conservatives” but also many ignorant self-described “Socialists” — often throw the word “Socialism” around without seeming to understand what it means. But,it is also true (OK, it is at least my not-so-humble opinion) that the many articles published recently trying to explain why various brands of “liberalism” are not actually the same as “Socialism” have been overly narrow and parochial in their view of what Socialism is and entails, limiting their argument to the simplistic (and flawed) formulation that it can’t really be Socialism if the government doesn’t “own” the means of production.
But, if that isn’t the defining nature of “Socialism”, then what is? For that matter, what is the defining nature of “Capitalism”? And how do either interact, for better or worse, with the moral premises and practical structures of our Liberal Republic?
In six parts: