Meaningless insults/socialism

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About

The words "socialist" and "socialism" are often used as insults by those on the political far Right, especially in the United States – often as a synonym to communism, which is incorrect ("socialism" is ownership by the people, whereas "communism" is ownership by the government plus single-party rule).

Socialism is actually a highly beneficial governance tool; countries with strong socialist policies tend to have a higher standard of living and economies that rebound more robustly after economic crises.

Antipathy towards socialism is generally driven by plutocrats who wish to maximize their profit margins to the detriment of society as a whole, and who consequently spend enormous amounts of money generating anti-socialist propaganda to convince the masses to support corporate predation.

Myths