Capitalism actually similar to socialism

Re: Socialism cannot sustain wealth and prosperity, Letters, Aug. 2.

To the Editor,

Re: Socialism cannot sustain wealth and prosperity, Letters, Aug. 2.

I find the capitalism versus socialism debate very amusing, for the difference between them is quite simple.

When the government aids and subsidizes the rich and powerful, it is capitalism and is a very good thing. When the government aids and subsidizes working people, that is socialism and is a very bad thing indeed.

Larry Gambone,

Nanaimo