[Rhodes22-list] Reply to Bill Effros - political in essence

Bill Effros bill at effros.com
Wed Jan 10 11:07:56 EST 2007


Just for the record, there are many definitions for the word "Socialist" 
and one of them defines a mutual company.  Suggesting that I and 
everyone I associate with would benefit from a course of action 
recommended by Ed, is a Socialist notion.  Although Ed may not 
understand what he is talking about, notwithstanding parenthetical 
condescending comments to the contrary, Ed has contrasted his Socialist 
Mutual Insurance Company with the Marxist definition of Socialism. 

Bill Effros

Robert Skinner wrote:
> Well done, Ed!
> /Robert
>
> Tootle wrote:
>   
>> Bill:
>>         It would benefit you and everyone who you associate with if you took
>> several elementary courses in economics, business organizations and
>> political science.
>>
>>         A mutual company be it insurance, power, or whatever is owned by the
>> members.  That means that the equity is owned by the members as if they were
>> stockholders.  It is essentially owned by individuals, people directly.
>>
>>         A socialist organization is a governmental or political entity which usurps
>> the ownership or equity.  Wherein, those espousing medical insurance for all
>> controlled by the government are taking a socialist stance.  Socialism is
>> essentially a bureaucratic control rather than a direct people control.
>> Socialism says that the people own something collectively, but that
>> ownership is controlled by the government thru a bureaucracy.
>>
>>         A mutually owned company competes with privately owned entities in a market
>> place.  Whereas,  a socialist organization seeks to control the market.
>>     
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