What is socialism? For academics, it is a systematic way of organizing the distribution of goods and services. Former President Harry S. Truman said, referring to opponents of socialism: “Socialism is their name for almost anything that helps everyone.” Dr. Martin Luther King later ironically observed that, in light ofRead More →

Posted: 08/31/2021 15:25:36 PM Why do we progressives react on the defensive when we are accused of being socialists? We could explain that many systems of socialism include agreed economic policies and allocations under democratically elected governments. In contrast, under communism, the state controls property and resources. Communism has fascistRead More →

You may have heard Republicans in Congress complain that the Democrats’ agenda is filled with frightening “socialist” policies. We have socialism in this country, but these are not the policies of the Democrats. True socialism is well-being of companies. Thousands of large U.S. corporations rake in billions each year inRead More →

Capitalism has lifted billions of people out of poverty, developed cutting-edge medicine that saves lives, and has been the driving force behind the technological revolution of the past two centuries. The accumulation of talent, education and productive capacity that follows capital investment created the technological leap that has taken ourRead More →

Loneliness is a global crisis. According to the UK campaign to end loneliness, 45% of adults “occasionally, sometimes or often feel alone in England”. In a 2019 poll, 22% of millennials said they had “no friends.” The World Health Organization has found that loneliness affects 20-34% of older people inRead More →

This is one of the 38 winning blogs of the Blog4Dev 2021 competition, the World Bank’s annual writing competition in Africa, inviting young people to express their views on a subject essential to the economic development of their country. Blog4Dev winners answered the question: How can young people work withRead More →