> > 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 > redistribution. > 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. Fred Foldvary ===== [EMAIL PROTECTED]
