Alright, children. Settle down.
Today's civic lesson lesson will be to tell the difference between communism and democratic socialism.
According to Merriam-Webster, the definition of communism is: "a system where goods are owned collectively and are available to all members of society."
Democratic Socialism seeks to move away from capitalism through a multi-party democratic process.
The difference? Communism is based on the Marxist theory that seeks to establish a classless, stateless and moneyless society through the collective ownership of all economic production.
Democratic socialism, on the other hand, embraces a highly regulated, capitalist free-market economy with high taxes to fuel a robust social safety net. It seeks universal healthcare in a single-payer system, living wages, free college education and wealth distribution
We need to discuss this because in the heat of the current political atmosphere, some ill-informed pundits and politicians are conflating communism with democratic socialism. For some reason, the convicted felon and adjudicated rapist President Trump thinks a resurrected 2026 version of McCarthy era Red Scare tactics will help the Republicans in the upcoming midterm elections.
That is sooo 1950s of him. But then, as he has shown us daily, he's a confused old man who is out of touch with the reality of the times. While he's calling Democrats communists, his closest international friends are Vladimir Putin, Xi Jinping and Kim Jong Un. Go figure.
While assailing the Democratic Party as dangerous communists, Trump has yet to identify a single communist.
Meanwhile, he is projecting again.
In the past year or so, the Trump administration has converted federal grants into direct equity stakes in private companies in such sectors as semiconductors, critical minerals and quantum technology. Wait, what? Government ownership of private businesses? Isn't that something like comm...???
Take a look. Some notable government equity holdings feature a 10 percent equity stake in semiconductor giant Intel, turning previously unspent CHIPS Act subsidies into direct ownership. The government also holds an equity share in MP Materials, which deals in rare earth mining and processing. Then there is the U.S. Commerce Department making equity investments in several quantum technology companies.
Most telling of all, perhaps, is the government's "golden share" in U.S. Steel. Get this: the government now has veto power over specific corporate and supply-chain decisions made by the company.
In all, the government has spent $27 billion in equity stakes so far.
What do you think farm subsidies are? Social Security actually has the word "social" in it. Where does Medicare come from?
Democratic socialism is in the fabric of American democracy. I once made an argument that Thomas Jefferson's Louisiana Purchase was a form of socialism whereby the government made a real estate purchase for the betterment of its people. It was so dicey even Jefferson had his doubts about the deal. But he made it anyway.
The Nordic states are the modern model for social democracy. They feature free trade, strong property rights, a business-friendly regulatory environment, labor protection with high unionization rates and collective bargaining and state-provided healthcare and childcare along with universal education.
It must be working pretty good. Nobody is calling each other "comrade."




