USA fear socialism because this term was used by USSR to oppose global domination of USD debt economy,
Lets pick developed capitalistic countries like USA, Japan, they highly dependent on resources from Russia, Latins, Mid East, Africa, because the living standards based on exchange of highly marginal goods And USD debts to low paid resources and low paid works.
socialism is a zero sum game, capitalism is not.
Soviet socialism is not the type of socialism what it had to be like. I'll say US with Obama administration is more socialistic then soviet economy. Still its not gonna last long, because debt collapse is very close.
Read Marx's 10 planks.
http://www.marxists.org/archive/marx/works/1848/communist-manifesto/ch02.htm1. Abolition of property in land and application of all rents of land to public purposes.
2. A heavy progressive or graduated income tax.
3. Abolition of all rights of inheritance.
4. Confiscation of the property of all emigrants and rebels.
5. Centralisation of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly.
6. Centralisation of the means of communication and transport in the hands of the State.
7. Extension of factories and instruments of production owned by the State; the bringing into cultivation of waste-lands, and the improvement of the soil generally in accordance with a common plan.
8. Equal liability of all to work. Establishment of industrial armies, especially for agriculture.
9. Combination of agriculture with manufacturing industries; gradual abolition of all the distinction between town and country by a more equable distribution of the populace over the country.
10. Free education for all children in public schools. Abolition of children’s factory labour in its present form. Combination of education with industrial production, &c,
It looks to me like the Soviets completed most of the 10. The US still has a long way to go. As long as you can legally buy an iPhone or an Android, the US is breaching 1, 5, 6, 7, 8 and 9.
its manifesto of "young" marx kommunism, it was articulated in period of wild capitalism when poor was poor and black was black slave, 20 years before his main work - Kapital.
what is most important that ussr have developed early philosophical theories of romantic marxism to industrial developed level of socialistic economy without money debt principe of western model. Its the same with Capitalism of XIX century, it have changed to neocapitalism where middle class exists, middle class were important to show advantage of western system vs soviet equality of masses system.
I'll say, what western society think socialism is (= bolsheviks kommunism) result of banksters mass propaganda machine.
It looks to me like the Soviets completed most of the 10. The US still has a long way to go. As long as you can legally buy an iPhone or an Android, the US is breaching 1, 5, 6, 7, 8 and 9.
wiki:
Socialism is an economic system characterised by social ownership of the means of production and co-operative management of the economy.
That is - USA have more social ownership (stock market of US citizens, direct government money distributoin during 2008- period, government regulation of finance organisations (aka bailout)) then soviets and more cooperative management then soviets (democracy, transparent management, market demand law that influence corporations).
Still one element have to be done - liquidation of parasitic financial stratum.