The biggest difference between Democratic socialism and progressivism is the spelling of the words. According to Wikipedia’s definition of Democratic socialism, Democratic Socialists “hold that capitalism is inherently incompatible with the democratic values of liberty, equality, and solidarity; and that these ideals can only be achieved through the realization of a socialist society.”

By contrast (?), progressives believed “that progress was being stifled by vast economic inequality between the rich and the poor; minimally regulated laissez-faire capitalism with monopolistic corporations; and intense and often violent conflict between workers and capitalists.”

During his prolific life, Milton Friedman vehemently disagreed with both economic philosophies. In fact, he wrote a book about it titled Capitalism & Freedom. In the book, Dr. Friedman argued that “with the means for production under the auspices of the government, it is nearly impossible for real dissent and exchange of ideas to exist.”

In this interview, which I’ve posted often, Friedman schools Phil Donahue on the virtues of capitalism vs. socialism:

The point behind this is that Democrats are trying to pretend that they’re progressives, not socialists. Is there a difference between single-payer health care of Bernie Sanders and the “universal coverage” of Tim Walz? I wouldn’t bet on it. If there is a difference, it’d be miniscule.

The other point I want to make is that the economy is running strong right now. Why screw it up? That’s what a Speaker Pelosi would do. I know that because that’s what she did the first time she was Speaker. It didn’t take long for the economy to shrink. It took only a little longer for President Obama’s Democratic Socialists to implement Obamacare.

Thankfully, the American people came to their senses and got rid of Obama’s and Pelosi’s stupidity. Now, the economy is growing, people are finding the jobs they want and their 401(k)s are growing, especially if they’re invested in the NASDAQ.

7 Responses to “The difference between a Democratic Socialist & a progressive”

  • Crimson Trace says:

    Welcome back, Gary! It’s great to have you back…and that you have our backs!

  • Liz Baklaich says:

    Hi Gary! Welcome back we missed you.

  • eric z says:

    Welcome back. Good to see ideas I do not agree with, since it sharpens my outlook beyond Wardlow and Ellison being the yin/yang of blind faith vs. secular reason. (Figure which attribute of the two I give Wardlow.)

    YOUR POST: Your point is that Walz is a reincarnation of Karl Marx?

    That is like saying there’s no difference between Trump, and National Socialism?. I would never say anything so extreme. Few would take that seriously. I thought you meant something else, but am not clear what.

    Shades between define things. Government owning all means of production is one polar end. Mob rule, war lordism, is the opposite. Between are varying degrees of regulation. And provision of public goods.

    If you are saying there is a gap between Walz and Johnson, at least Pawlenty’s back in the beltway, or is that a supposition without a basis? He triangulated away from both Walz and Johnson. Bless his defeat early in the process; like Jeb Bush’s. Detritus swept away.

    John McCain proposed unbundling cable TV. The private sector answer is bundling it will be, like it or love it. There exists cause to miss McCain. He had some bend to him, at times. You don’t support bundling, do you?

  • Gary Gross says:

    Eric, you’ve overthought things on this. First, Walz’s economic ideas reject capitalism, which is the only economic system that gives the masses an incentive to work hard & achieve. It was capitalism that brought about the industrial revolution that created the middle class. Socialism couldn’t have done that. Not in a million years.

  • Patrick Mattson says:

    Welcome back, missed you.

  • eric z says:

    Back, good. Back with a vengeance, per the string of Kavanaugh posts. Don’t burn out from the wear and tear of such a pace.

    Staying on this post, unregulated capitalism yields the best politicians money can buy. Tim Pawlenty and K-Street; the Podesta brothers, Vin Weber, the Clintons. Dark money slushing all around DC. All those emigre Russian oligarchs populating the floors of Trump Tower. To me, those are unappealing things.

  • Gary Gross says:

    Eric, thanx for the welcome back. It feels good to be back making a difference.

    I’m not talking about “unregulated capitalism.” I’m just talking about less-regulated capitalism.

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