“Under capitalism, man exploits man; under communism, it’s just the opposite.”–John Kenneth Galbrait.

I’ve found myself quoting Galbrait a lot lately, especially when looking at the happenings in our South American neighbor, Venezuela. However, I’d be the first to admit that it’s applicability to the current happenings in Venezuela is not as perfect, because as I’ve written in an earlier post, while there are natural overlaps between economic ideologies and the sociologists’ definition of political systems, the two are not the same.  Continue reading →