The United States and Socialism
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The paper asserts that the grim reality is that the United States of America, the last and greatest bastion of capitalism (as opposed to the social democratic systems found in Western Europe and in Canada) is now moving towards socialism whereby the state redistributes wealth and meddles in the economy. The paper defines the concept of socialism and looks at the salient features of the last federal election; in particular, the paper notes that both presidential candidates were on the record as supporting redistributive measures.
From the Paper:"Historical American rejection of socialism, 2008 election (Obama and McCain both like redistribution), 2008-09 Bailout of Wall Street, Corporate welfare, Strains upon small businesses, Creation of a culture of dependence..."
Cite this Persuasive Essay:
The United States and Socialism (2009, December 01) Retrieved January 29, 2022, from https://www.academon.com/persuasive-essay/the-united-states-and-socialism-143244/
"The United States and Socialism" 01 December 2009. Web. 29 January. 2022. <https://www.academon.com/persuasive-essay/the-united-states-and-socialism-143244/>