Hacker News new | ask | show | jobs
by ManFromUranus 3977 days ago
> the backlash from people calling this "unbridled Socialism."

It depends on the CEO's reasoning for paying the employees more. If he paid them more for economic reasons, reducing turnover, or incentive pay for increased performance, or a retention bonus or something like that then it's capitalism. If he paid them more because he's moralising about society, or out of pity, or fear of some kind of social backlash, then I would say it's socialism that motivated it.

Okay after reading the article, I would agree with Rush's take on calling it socialism.

2 comments

How about calling it unbridled Christianity?
To paraphrase Oscar Wilde, you can judge a man--or a cause--by their enemies. Nothing makes me more interested in embracing socialism than Rush's rush to define socialism as "any action that shows concern for your fellow human."