It’s unlikely — especially with the big-business administration currently running the country — that the United States will ever make a complete switch to socialism. However, socialism is the closest thing, realistically, to a Utopian society.
A working definition of socialism is “a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.” Many people hate socialism because they think it’s the same thing as Communism, but it’s not.
A simple and funny explanation helps clear up the differences between communism, capitalism and socialism. Communism is where you have one cow and the government takes it and sells you some milk. Capitalism is where you have two cows and you sell one to buy a bull. Socialism is where there’s a cow farm that everyone goes to and you get as much milk as you need.
China, Denmark, Finland, Netherlands, Canada, Sweden, Norway, Ireland, New Zealand and Belgium are all socialist countries. In these countries, unemployment and homeless rates are very low and college graduate rates are very high. America runs on capitalism and is in permanent debt to China. In America, small businesses struggle because you apparently must spend money to make money and competition with big business usually edges them out. But in places like Sweden, small businesses are the foundation of their economy and are extremely successful. Since everyone has what they need in socialist societies, class systems begin to fade. In this sense, It’s the opposite of Capitalism. Capitalism thins out the middle class, making everyone either rich or poor. Socialism increases the middle class, because no one company can monopolize all the money and resources. The biggest problem with socialism, that I’m aware of, is that it gives government more control, but is it necessarily a bad thing for a people to…