The specter of
socialism is stalking America, writes Cathy Young. The
once-neglected S-word made a big comeback during the presidential
campaign of 2008, and has now become a staple of American political
discourse. While the right denounces Barack Obama as a socialist,
the cover of Newsweek magazine recently proclaimed, "We
are all socialists now." But is he? Are we? Depends on how you
define "socialism," of course.
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