Bill Gates Actually Made a Good Point About the Socialism Debate in America
▻https://gizmodo.com/bill-gates-actually-made-a-good-point-about-the-sociali-1834549235
Billionaires Bill Gates, Charlie Munger, and Warren Buffett were interviewed on CNBC this morning, and it wasn’t surprising to hear the three men defend capitalism. But it was surprising to hear Gates make a really good point about socialism. Or, at least a good point about how socialism is defined in the U.S.
Gates pointed out that the current surge in pro-socialist rhetoric in the U.S. isn’t really socialism by any strict definition of the word. The so-called “socialist” policies we’re hearing from politicians like Alexandria Ocasio-Cortez and Bernie Sanders are largely just capitalist policies with a strong social safety net. And that’s okay!
