Because it makes a good story in their circle of people who don't know the meaning of socialism. If the CEO of a company is not making 200-300 times their average employee, they think it's socialism.
Because it makes a good story in their circle of people who don't know the meaning of socialism.
The thing is, like most words in English, "socialism" has taken on multiple meanings. Like it or not, there's the "textbook" definition and then then colloquial usage. And in America, "socialism" has come to refer to anything that involves redistributing wealth, providing social safety net(s), or otherwise trying to actively manage social inequality. It's a broader, more expansive definition, and I understand why purists hate seeing words diluted, but what can ya do? You can't put the horse back in barn, that ship has already sailed, can't un-ring a rung bell, etc., etc.
The thing is, like most words in English, "socialism" has taken on multiple meanings. Like it or not, there's the "textbook" definition and then then colloquial usage. And in America, "socialism" has come to refer to anything that involves redistributing wealth, providing social safety net(s), or otherwise trying to actively manage social inequality. It's a broader, more expansive definition, and I understand why purists hate seeing words diluted, but what can ya do? You can't put the horse back in barn, that ship has already sailed, can't un-ring a rung bell, etc., etc.