Socialism, American-Style
New York Times
Public ownership is already widespread in the United States, and is popular in practice, if not in the abstract, with both liberals and conservatives. It includes hospitals, parks, public utilities, public Internet systems, hotels, and Public Wealth Funds generated by state owned oil and mineral wealth that subsidize public education and provide guaranteed incomes to millions of people. With skepticism about capitalism growing, will we see more such endeavors?
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