> > All but a very few Americans, including economists, are in favor of
> > socialized money. That is the most pervasive socialist
> > program in the USA. (FF)
> Most folks, I'm sure, would state that
> "socialist money" means the gov't gives more money to those who
> need it, taking from those who have it. E.g. gov't socialist
> Tom Grey
Does the economic meaning of words depend on what "most folks" think?
> I don't even know why you want to call the monopoly legal tender laws
> socialized money -- but now I'm not certain this is what you mean.
There are three meanings of "socialism":
1) the ownership of non-labor factors by workers.
2) the ownership or control of some of the economy by government.
3) an egalitarian redistribution of wealth.
I mean #2.