What are socialism and the mixed economy?
Question: Do you know where I can find more about “mixed economies” or if you knew yourself, that would be good. Also, if you know anything about a socialistic economy, that would help me out too. Answer: Socialism is an economic system under which the government (meaning the national or central government) owns and controls the means of production: factories, businesses, and so forth. One variant of socialism is called fascism or Nazism, and under this version of socialism, the means of production are nominally in private hands but are tightly controlled and regulated by the government. One does not usually think of the U.S. economic system in such terms, but the U.S. seems gradually to be transforming into a combination socialist/fascist economic system — with ever-larger areas of the economy directly owned by the national government, and the rest of the economy tightly regulated and controlled by the government. The most important source of information about socialism is Ludwig von
