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If it wasnt for socialist ideals we wouldn't have public services, from public postal service to education and more. The socialist pillar is kind of whats holding this country together to be quite honest. The banks and businesses during the economic downfall depended on the tax dollar of the American consumer. Essentially we all had stock in them for that short period of time to keep them running. Very socialist indeed. That baillout was quite socialist, but it saved our economy from collapsing on its head.