It is about time that the American people were educated and informed about what true “Socialism” is and is not. The fact is that in true socialism “the means of production” are owned by all of the people. In other words, all of the workplaces and businesses are owned, controlled, and run by all of the people for the good and well-being of all of the people. They are not privately-owned by individuals and groups. In true socialism, we would not be totally equal in terms of how much we would get paid for our work, but we would be much, much more equal than we are now. There would not be any billionaires or people who have hundreds of millions of dollars and tens of millions of dollars in total wealth, most of which they inherited and did not earn by their own labor. We would share what we have.
The Daily combed through Stanford’s archives and spoke to community members ranging from campus media heads to alumni activists-turned-politicians to understand campus dialogue, past and present.
Just like passing the driver’s license test last weekend does not mean that I should be trusted on the road just yet, the fact that I am finally old enough to vote does not mean that I completely understand the system. Based on my current knowledge, I probably would not know exactly what I am…
The feature “On this day in Stanford history” details events that occurred on the same date in past years at Stanford. According to The Stanford Daily’s archives, on March 8 in….
Matthew Cohen ’18 and Johnathan Bowes ’15 debate the best actions for Obama to take in Cuban foreign policy. Cohen argues the embargo was obsolete and ineffective, praising Obama’s termination of it, while Bowes argues that the US cannot negotiate with the socialist state.
Next Monday, Feb. 23, the Stanford members of the International Socialist Organization (ISO) will host an event called “What They Don’t Teach You in Econ: Marxist Economics 101.” Malachi Dray ’18 will present a Marxist analysis of how capitalism works and speak about what’s wrong with it, according to socialist theory. “The econ classes here…
Aimee Trujillo ’15 and Johnathan Bowes ’15 take on the rhetoric of socialism. Trujillo declares that socialism has become an insult in American politics but should be picked up by progressives as a labeling of their values, when conducted through a democracy. Bowes disagrees finding that socialism must be tied to tyranny. Yet he too concludes that the word is overuse, weakening its true power.
Nothing would be worse for America than for Americans to lose faith in capitalism. It is an indisputable fact that free markets are and have been the greatest engine for sustained economic growth and prosperity in the history of the world.