Socialism. Production and distribution is owned by the community (government).
It has nothing to do with “Handouts”. Or helping your neighbor really.
There is no redistribution of wealth. That is communism.
Socialism with handouts is communism.
You could have a completely Socialistic society that let’s some of it’s people starve because it benefits the majority.
A great example to look at socialism is the nazi party creating Volkswagen.
People in Germany needed an affordable car. They created the production and distribution of affordable cars, owned and operated by the controlling government party.
Now, you can debate all you want on if it was a good or bad idea.
Average German looking for simple affordable car? Probably would think it was a good idea.
Rich German looking for a Duesenberg? Probably hates the idea of Volkswagen and spending their tax dollars on it.
Poor German? They aren’t getting a car anyways
A large government can easily have a monopoly on a good or service.
If that’s a good or bad thing is debatable
For example, say America was 100% Socialistic.
Government would gain access to all satalites and towers and issue the Volkstelefon. Affordable phone and internet for everyone!
Sounds great?
Imagine if tomorrow Trump issued his phone in that style.
Probably not a good idea?
So why all the hate?
ELI5: Because socialism is not always the right answer just like capitalism isn’t always the right answer.
Socialism. Production and distribution is owned by the community (government).
It has nothing to do with “Handouts”. Or helping your neighbor really.
There is no redistribution of wealth. That is communism.
Socialism with handouts is communism.
You could have a completely Socialistic society that let’s some of it’s people starve because it benefits the majority.
A great example to look at socialism is the nazi party creating Volkswagen.
People in Germany needed an affordable car. They created the production and distribution of affordable cars, owned and operated by the controlling government party.
Now, you can debate all you want on if it was a good or bad idea.
Average German looking for simple affordable car? Probably would think it was a good idea.
Rich German looking for a Duesenberg? Probably hates the idea of Volkswagen and spending their tax dollars on it.
Poor German? They aren’t getting a car anyways
A large government can easily have a monopoly on a good or service.
If that’s a good or bad thing is debatable
For example, say America was 100% Socialistic.
Government would gain access to all satalites and towers and issue the Volkstelefon. Affordable phone and internet for everyone!
Sounds great?
Imagine if tomorrow Trump issued his phone in that style.
Probably not a good idea?
So why all the hate?
ELI5: Because socialism is not always the right answer just like capitalism isn’t always the right answer.