FASCISM - The government orders you to give the fruits of your labor to others. If you refuse the government arrests you.
COMMUNISM- The government takes the fruits of your labor and gives it to others. If you refuse the government arrests you.
SOCIALISM- The government politely takes the fruits of your labor and gives it to others. If you refuse the government arrests you.
DEMOCRATIC SOCIALISM - The government, at the request of 51% of voters, politely takes the fruits of your labor and gives it to others. If you refuse the government arrests you.
SOCIALISM
You have 2 cows.
The State forces you to give one to your neighbor.
COMMUNISM
You have 2 cows.
The State takes both and gives you some milk.
DEMOCRATIC SOCIALISM
You have 2 cows.
The State takes both, promises more free cows, lets you vote and gives you sour milk.
FASCISM
You have 2 cows.
The State takes both and sells you some milk.
NAZISM
You have 2 cows.
The State takes both and shoots your wife and kids.
BUREAUCRATISM
You have 2 cows.
The State takes both, shoots one, milks the other, and then throws the milk away.
TRADITIONAL CAPITALISM
You have two cows.
You sell one and buy a bull.
Your herd multiplies, and the economy grows.
You sell them and retire on the income.
CONTEMPORARY WALL STREETISM
You have two cows.
You sell one, bundle the other with a goat, a mule,
and two dry cows.
You pile into the derivatives market, buy a Gulfstream
and when it all comes down around your ears...
You go to the government for a bailout.
Democrat’s America: The government, at the request of 51% of voters, politely takes the fruits of your labor and gives it to others. If you refuse the government arrests you.
Fascism is just socialism that keeps some private businesses around to scapegoat/blame when socialism screws things up, and to take them over when they either do very well, or they run afoul of socialist leaders.
EPU: Best definitions I’ve ever seen of these approaches.
Or, what I heard years ago:
Capitalism: The unequal distribution of wealth.
Socialism: The equal distribution of misery.
Communism: Socialism with a gun at your head.