Re: Obama camp scrubs website to remove references to mandatory community service
What is socialism?
Socialism is an economic system characterized by public ownership and centralized planning of all major industries (manufacturing, services, and energy), banks and insurance companies, agribusiness, transportation, the media, and medical facilities. Under capitalism, these giant enterprises dominate the economy but are privately owned and operated for the purpose of generating wealth for their owners by extracting it from working people who are paid only a small fraction of what their labor produces. Socialism turns this around so that the class that produces the wealth can collectively decide how it will be used for the benefit of all.
As African-American poet and communist Langston Hughes wrote in "Good Morning, Revolution":
Together,
We can take everything:
Factories, arsenals, houses, ships,
Railroads, forests, fields, orchards
And turn 'em over to the people who work.
Rule 'em and run 'em for us people who work.
Real socialism is, by definition, democratic. It is economic as well as political democracy. Many capitalist countries boast of their democratic institutions, but this is an illusion because all the political power is in the hands of those who hold the wealth. Socialism prioritizes human needs and eliminates the profit motive that drives war, ecological destruction, and inequalities based on gender, race, nationality and sexuality.
Like capitalism, socialism must be international so that global resources can be shared. No country can be truly independent of the global economy because until capitalism is defeated internationally it will continue to sabotage efforts to build socialism. Achieving socialism in the United States, the wealthiest and most powerful country in the world, is necessary to any country being able to determine its own destiny.