I am in a debate with a person that seems to be making the argument that any interference by a government into a market economy is socialism by definition. I think they have really taken the whole market driven economy vs. planned economy to heart. I am just wondering how common this view is and thought I would open up the discussion with the smart people here for their take.
So, is all regulation socialism?
- Sin taxes? Is a government or society trying to discourage behavior through taxation socialism?
- Pigovian Taxes and Subsidies? Are vaccine subsidies socialist? Carbon taxes? Is any government tax or subsidy aimed at either correcting negative externalities or boosting positive externalities socialist in nature?
- Protection of resources? Is limiting resource extraction, say by mandating sustainable fishing practices, socialism?
- Regulating Pollution? Is the clean air act socialist?
- Banking regulations and direct market regulation? Was the attempt to regulate CDOs after the great recession or the Sherman Antitrust act socialist?
- Laws eradicating slavery? Socialist?
- Licensing requirements? Is requiring a surgeon be board certified socialist? What about food safety standards?
I mean I guess I can see how somebody could make this argument, but is this a common take? It seems to me that this definition of socialism is so broad that it is almost meaningless. Everything is socialism and everybody is a socialist!
Is this why my uncle thinks all the democrats are socialists?
What about our socialist brethren to the north (Sam, are you still here), do you believe that every government action is socialist?