Does Bernie Sanders Know How Socialist the U.S. Is?
Capitalism vs. socialism is a passionate argument—but a dumb one. Here's why.
A woman in my fitness class proudly proclaimed last week that she was a socialist. Who knows why. But it did start a passionate debate about socialism vs. capitalism. Passionate, but a little confused. And there's a good reason why: It's a dumb argument.
During my business career, I worked in twenty-six countries. I learned how misleading the labels "socialism" and "capitalism" are. All modern economies are a mix of both, and the U.S. is about as socialist as everybody else.
For twenty-five years, the Heritage Foundation, a
