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Letter: Definitions are important

The Columbian
Published: January 5, 2013, 4:00pm

In the “news,” I learned that this year Americans were most concerned about the meaning of two words, and those words were “capitalism” and “socialism.” The “news” again has focused our attention on the wrong words. They should have been “laissez-faire capitalism” and “fascism.”

• Laissez-faire capitalism: a government policy that promotes the use of money by the wealthy without regulation and for one purpose only: to make them more money.

• Fascism: a government whose representatives are elected by the money of corporations and the wealthy.

Focus on real “words” is difficult in the corporate-owned news services in this country: newspapers, TV, radio and now, even the Internet.

Celia Louderback

Vancouver

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