Monday, August 31, 2009


(Definitions form Merriam-Webster’s Dictionary)

Marxism: the political, economic, and social principles and policies advocated by Marx; especially : a theory and practice of socialism including the labor theory of value, dialectical materialism, the class struggle, and dictatorship of the proletariat until the establishment of a classless society

Socialism: 1 : any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods2 a : a system of society or group living in which there is no private property b : a system or condition of society in which the means of production are owned and controlled by the state3 : a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done

Communism: a: a theory advocating elimination of private property b : a system in which goods are owned in common and are available to all as needed

As I read these definitions, one name came to mind...Obama.

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