|reply to matrix3D |
Re: Americans have gotten too Greedy
said by matrix3D:Wrong. That's communism, not socialism, and it's the primary difference between the two.
However, in a socialist economy, skill or achievement are not recognized, period.
Capitalism without inherited wealth could arguably be described as being moderately similar.
But, as it is, your compensation is determined, to a large degree, by who your parents were, or more bluntly, the luck of the draw. Which is not to say there is no social mobility, just not nearly as much as some people like to think.