This essay by umair haque is important. It provides a very easily understood honest distinction between capitalism and socialism. The subtitle is 'How The Opposite of Capitalism Isn’t Socialism — It’s My Local Record Store”. Food for serious thought.
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I am a retired physicist and hold a B.S. in Ch. E. as well. I have been an environmental activist since the early 1970s. I was a founding member of the Save Barton Creek Association in Austin, TX. In 2006 I was a member of a select committee (more...)