Earlier quoted context omitted.
What is "excessive pseudo socialism" and "Locust capitalism?" Also, I see your account was created an hour ago.
> pseudo socialism Example: The US healthcare system. The financing is through socialist policies (Medicare, state assistance, regulatory requirements/incentives for employer-provided insurance), but the system itself if thoroughly corrupt and inefficient. Example: "Affordable housing" subsidies/requirements. Instead of actually addressing high housing costs in general, set aside an inadequate amount of substandard h…
Thats just socialism.
The definition of socialism is social ownership of the methods implemented. In all cases above, the public at large owns the cost (and benefits) of the methods implemented: Medicare, Medicaid, affordable housing etc. We all pay for them, full stop.
Just because some of the programs have worse outcomes than elsewhere in the world, doesnt make them "less" socialist policies.