PkrBum wrote:I don't really see what the big difference is. Socialism is State ownership... Fascism is State controlled.
The subtleties might be interesting political fodder... but the end is the same.
The term socialism has varied definitions. The one I'm using to apply the term to Medicare is "redistribution of wealth".
Yes, you're correct, a small portion of the amount we pay in social security tax (or in my case "self-employment tax") goes to the Medicare fund.
And once we are eligible for Medicare benefits, another roughly $100/month is deducted from our SS benefits and that goes to the Medicare fund.
But, beginning in 2008, the amount of money paid into the Medicare fund became less than the amount paid out in benefits. Since then Medicare has needed federal subsidy to continue. Hence, a "redistribution of wealth".
Now granted, a big portion of government subsidies to a lot of things, Medicare included, doesn't actually come from "redistribution of wealth", but instead comes from a "redistribution of borrowing money".
And it could be argued that, since future generations will suffer the consequences of all this government debt, that it's a "redistribution of wealth from future generations to today's generation".
But, in any case, it is still a "redistribution of wealth" which meets one of my definitions for socialism.