Re: "socialism ultimately fails because it runs out of "other people's money"
Well said, Terry 6. A nice description of the distinctions between political philosophies, but please, allow me to simplify it for some of the more hard of thinking types we have screaming about their freedumbs…
Dear Trump Voter:
Capitalism = Put the money first, above and beyond everything else, including people, collectively known as society.
Socialism = Put society, the people, first, above and beyond everything else, including the creation of wealth, known as capital.
Money, sat in a bank, holds no power in and of itself. Only when money is used to benefit society, does its true power become manifest.