The Transylvania Times -

Elites Dislike Socialism


Socialism has been made a buzzword by the billionaire class, who are terrified of the prospect of having to share the wealth with the unwashed 99 percent. Socialism means a commitment to a more egalitarian society, not the record-breaking inequality we see today with 60 to 80 megarich having as much wealth as the bottom half of the world’s 7.4 billion people.

Socialism and capitalism have many forms. In the U.S. we have a corrupted crony capitalism, which has elements of socialism. I prefer “theofascist corporatocracy,” which has bent capitalism out of shape. Those who attack social...

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