Is the Rescue Plan Socialism? The Far Left Says, 'No Way, Comrade' - WSJ

[steve2470]

http://online.wsj.com/article/SB122306950849703363.html

COLLEGE PARK, Md. -- If conservative Republicans are right and the $700 billion financial-sector rescue plan signals America's slide into socialism, you'd think Seth Dellinger would be celebrating.

But Mr. Dellinger, a Socialist Workers Party candidate for Congress, says that what might smell like communism to free-market purists looks like just another capitalist shell game to him.

"They can reorganize capitalism in different ways, and they will," says Mr. Dellinger, a college graduate turned working-class meat cutter. "But it is above all with a view toward continuing a system in which a small minority of super-rich families controls everything."

To Mr. Dellinger, 32, capitalism's crisis may be socialism's opportunity. He's making the case to anyone who will listen that the U.S. should adopt a Cuban-style government before the Bush administration and Congress empty the treasury in order to keep workers from storming the barricades. "What they're trying to do, above all, is prevent millions of workers from lining up outside banks all over the country, because they know they'll have to send troops and cops," says Mr. Dellinger. "That kind of scenario could unfold quicker than people think."

more at link above

[rpannier]

1. It's an interesting article

I think Mr Dellinger makes some valid points.
The one he is spot on is, "This bail out is not Socialism."

The person in the article who said that Socialism is antithesis of human rights is a moron

[billyoc]

2. Taking money from the poor/working class to give to finance capital is not socialism,

it's just good old capitalism shorn of its more roundabout circuit.
There's no such thing as "socialism for the rich"! It goes beyond oxymoron.
It's like talking about orgasms for the dead.

(quoted from Left Business Observer mailing list)

[POAS]

3. Is the bailout plan Fascism? The Far Right says, "nein"!

[blue97keet]

4. To hell with all 'ism's

I would not care if the rescue plan was duck tape and Drano if I thought it would do the job, however I do not think it is even designed to do the job it is supposed to do.