Economist Robert Murphy deals with the deadliness of the new deathcare program. I'll be posting a longer entry about what fasicm is from a political/economic veiw later this week. However, the main confusion surrounding the entire debate about Socilaism appears to be twofold, from both left and right:
1.) Liberals Claim: America's healthcare system (prior to Obamacare) was "free-market," Smithian and out-of-control capitalist; therefore, government intervention is totally justified.
When, of course, we know that's a historically inaccurate, and totally baseless claim.
2.) Republicans Claim: Obama is a Marxist/Socialist/Communist! and as such he's going to turn America into Cuba.
In fact...Obama's more of a corporate fascist. And, yes, there's a difference between the two, one we all ought to learn.
But, for those who'd like a funny guy to explain the technicalities, here's the wonderful Walter Block:
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