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   RAILFAN      Trains, model railroading hobby      3,261 messages   

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   Message 3,092 of 3,261   
   Adam H. Kerman to Stephen Sprunk   
   Re: Getting back to PTC   
   23 Apr 15 17:44:04   
   
   From: ahk@chinet.com   
      
   Stephen Sprunk  wrote:   
   >On 22-Apr-15 17:11, Adam H. Kerman wrote:   
      
   >>I'm using the term "socialism" correctly to refer to nationalization   
   >>of public utilities, ...   
      
   >That is more correctly referred to as "state socialism" (or "national   
   >socialism", prior to the Nazis appropriating that label for what was   
   >really fascism).  Plain "socialism" refers to the _workers_ owning the   
   >means of production, not the state.   
      
   Dude. The workers themselves owning the means of production is one form   
   of social ownership, but it is not an exclusive form of social ownership.   
      
   Nationalization is another form.   
      
   We have two contrasting railroad examples: C&NW, which sold itself to an   
   ESOP before Congress put ESOP in tax code, and Conrail, in which   
   nationalization ended the northeastern railroad crisis.   
      
   --- SoupGate/W32 v1.03   
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