Friday, February 12, 2010

Defining Idealogy

Whenever socio-economic policies are proposed, certain expressions are tossed around to illustrate the implication of such measures on society. Reflecting on this situation, I thought it would be an interesting exercise to generate a basic meaning for each of the major political ideologies.

So, here goes:

      Communism:  You own nothing, and everything belongs to the State.

      Socialism:  You own what is granted, and everything given for the State.

      Capitalism:  You own what can be achieved, and everything ensured by the State.

Perhaps simplistic, but perhaps that is what is needed in times of socio-economic uncertainty. After all, if one fails to understand the terminology, how is one to understand the affect?

©2010 Steve Sagarra