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Check out the results of corporatism (aka capitalism minus social programs). And some folks think the CEO guy needs another tax break! Some folks think the government has no business telling the CEO guy how much to pay his employees and even want to do away with the minimum wage requirement. Tax breaks, deregulation, and outsourcing... definitely a recipe for success for Mr. CEO; so don't think for one minute that Mr. CEO is funding campaigns to help fight for middle and low income wage earners. I'm voting for the candidate who's fighting for the 99% because no matter how much some politicians try to convince us that we all can become millionaires if we just work hard enough, 99% of us will never earn more than a median income and most of us are happy just having enough to care for our families. I'm not buying into the argument that too much government oversight is harmful to capitalism or our democracy. It is too little government oversight that is harmful to the majority of us, and that includes the planet too.
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It's certainly not fear. Cynicism perhaps, suspicion definitely.
I think there's a proportionately much larger number of people who game the system than you might be crediting. And the real problem with that with the limited funds available to help those truly in need.
Here are some numbers cited by the Cato Institute:
The data cited in the following bullets are from a 2009 GAO report on improper payments, unless otherwise noted:63
(http://www.downsizinggovernment.org/fraud-and-abuse)
Those are HUGE numbers. And that doesn't even begin to touch the other side of the table, where providers are also guilty of fraud.
So no, it's not fear, it's pragmatism. The more readily available you make handouts, the more unworthy people will step up to receive them and providers abuse them.
It's the same old story in America for decades now. The rich want to get richer and the poor just want to live, which gets tougher every day. The blame can be set back to Nixon, who had his paws in everything. He stripped away a lot of the safeguards in the system back then. Every since then, despite some progress in many areas, we've been going backwards with each subsequent president when it comes to the regulation, legality and morality of the investment, banking and insurance industries. At the same time, we sold our industry to foreign countries, such as Japan in the 80's-90's and China and India now. I don't blame them for buying our stuff, I blame us for selling it. Moreover, our remaining corporations have become huge, corrupt and unwieldy.
I used to identify more with Republicanism. Not the religious agenda of it (not that I don't have my own beliefs, just keep 'em to myself and like-minded individuals). Ask a friend of mine who escaped from Iran in the 80's how mixing politics and reilgion goes for a society. But I like the idea of small government, low taxes and fiscal conservatism. However, as time has passed and I've gotten older, I've found myself moving away from these beliefs. I've witnessed the excesses of an unrestrained free market where the only regulators are in bed with the regulatees. Also, while I moved a little away from the Republican Party, they fled so fast and far to the right I never would have been able to keep up anyway. While I argue that I am not a socialist, by the modern re-definition of the word I'm practically the reincarnation of Marx. For instance, I didn't build any of the roads and highways I use to get around. I even go to the library.
So these days, while I want a leaner, smarter government, I wouldn't call myself a small government guy anymore. I still completely get the argument, it's just personally I think that for a modern society to exist, one must have access to things only a government can regulate. Now I want a far more transparent and direct democracy, but I support universal health care (though not Obamacare) and universal education (though not... oh wait... we don't have education in America). And while I think most of global warming is probably the natural course of the planet, I like my air made of oxygen, my water made of the same with a hint of hydrogen (yum, hydrogen, nature's corn syrup) and my property not piled high with garbage or radioactive waste. So even if global warming really is a conspiracy created by Al Gore in his spare time, when he isn't building additions to the internet, I like environmental regulation even if it needs a lot of fine tuning (what doesn't?).
The thing I find the strangest about the fear of socialism from the wealthy is that they are the direct cause. If I buy a dog, starve it and then beat it every time it whines, I really should be afraid that dog is going to eat me, because one day it has to ask why it hasn't done so already. The poor, even the remnants of the middle class, are tired and hagged and now they have to hear about how they are failures. The unredeemable 47%. They say we're jealous of their success. I'm jealous of their tax rate. I'm jealous of their subsidies. I'm jealous of their bailouts. I'm jealous of their sense of entitlement. I'm jealous that once you have enough money, you can gamble with other people's money and never have to work again if you chose to.
So, here's a warning to the rich. If you want to stop socialism in its tracks, level the playing field. If you want everyone to keep playing Monopoly, then stop cheating, play by the rules and don't ridicule the other players.
"Truth is not to be found either in traditional capitalism or in Marxism. Each represents a partial truth. Historically, capitalism failed to discern the truth in collective enterprise and Marxism failed to see the truth in individual enterprise." - Martin Luther King, Jr.