aelf
Ashen One
here here I think I am going to like this thread. Aelf, we might not see eye to eye on movies, that's a small matter. Socialism in our midst, is a large matter, and it must be eliminated.
Yes, all the politicking must be eliminated

That's true only if you understand business and the economy on a first grade level.
Well, you're wrong. What about it isn't true? All the wealth in the world originated from someone's labour. Who dug up the raw materials from the earth? Who tilled the land? Maybe all this wealth existed before and without needing anyone's effort, just like how some of these laws that people obey in the market are perfectly "natural"

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That cartoon is very good because it encapsulates some of the fundamentals of Marxist ideas, which no doubt serve as the spring board for, if not the foundation of, socialism. So keeping it in mind, I shall offer my own take on what socialism is about. Most of it is based on my study of Marx's Capital, which is a key text in Marxist thought, and very probably the Communist Manifesto (I just haven't read it in a while).
Marxism is a critique of political economy, and it is a radical one because it demonstrates ad hominem, i.e. directed towards the human being, in Marx's understanding:
Theory is capable of gripping the masses as soon as it demonstrates ad hominem, and it demonstrates ad hominem as soon as it becomes radical. To be radical is to grasp the root of the matter. But, for man, the root is man himself.
Marx argued that the world of political economy is a topsy-turvy world, where economic categories and laws, which are created by man, have enslaved man and replaced him as the foci of social (economic) activity. And instead of the actual use that we have for the things we produce (i.e. focusing on our needs), we are much more concerned by how much they are valued relative to other things (i.e. focusing on the market and its laws), things that are different in properties and nature, and as such incommensurable in terms of their use values.
This is commodification of things. Next comes the commodification of labour. Labour has a use - its use is to produce commodities. It is bought and sold in the market. The value by which it goes (the wage) is not the same as the use value that the capitalist who buys it gets. The commodities that worker produces is usually worth more in the market than the wage that the worker earns for his efforts. This creates surplus value or profit, which the capitalist enjoys.
Now, there are many reasons why this happens, and they are well covered by economics. But I contend that the Marxist critique still holds truth today. We are very focused on the intricate workings of the market, on the value of things when we exchange them, and we often lose sight of the thing behind it all - the man, who has needs, whose labour makes the commodities that are sold in the market, without whom nothing at all would matter because we cease to exist (since he is either ourselves or the one without whom all the economic activity in the world wouldn't occur in the first place).
As I see it, the major contention is then on whether the capitalist plays a necessary role in economic activity. But even if we disagree on that issue, I think there is enough reason to pay attention to the rights of the labourer. What is the human world about (I'm not referring to the planet here) but human beings? And the vast majority of human beings are not really capitalists - they still have to sell their labour to earn wages for a living. And in this large group of people to consider we must include those who do not even earn wages but who play important roles in human society (mothers/fathers, stay-home wives/husbands, unpaid social workers, young people not yet in the workforce, etc.).
Another question is whether capitalism gives more than it takes. No doubt the world has gotten wealthier because of capitalism despite the economic busts. But that is only to speak of the aggregate amount of wealth. Many people pay a heavy price each time the economy takes a hit due to man-made risks that they didn't personally take or have any control over. I think one of the things capitalism is about is rewarding risk-taking in the name of growth and development, but it should at least be balanced with the price that common people pay should things go awry. If risks must be taken, then there must be something adequate for people to fall back on. Don't forget the man.
I think that is the fundamental principle of socialism - the return to man. And this is why things such as universal healthcare, free or affordable education and minimum wage laws are socialist. Anything that violates or ignores this principle can hardly be called socialist. Things that are not necessarily based on this principle are not necessarily socialist. As such,
- Regulation is not necessarily socialist
Regulation also features in capitalism, and especially in non-socialist systems that emphasizes control, such as Fascism.
- Taxes are not necessarily socialist.
- High tax rates are not necessarily socialist.
- Labour unions are not necessarily socialist.
- Obama is not socialist.
I'm sure there are many more, but this short list will have to do for now.