"Socialism is a fundamentally different social system where the world's resources are not controlled by a greedy, undemocratic oligarchy. This is not the same as the capitalist welfare states that have existed in some European countries."

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Now [in China] within the framework of socialism - which is really social welfare in a social democratic framework - all they want to do is to get the kind of economic growth of the capitalist world. It can't be done. It creates the same kind of problems as in the capitalist world.

— Harry Magdoff