
Popular advice columnist Abigail VanBuren (“Dear Abby”) once published a helpful guide to understanding the difference between the various economic systems:
Communism: You have two cows. The government takes both of them and gives you part of the milk.
Socialism: You have two cows. The government takes one and gives it to your neighbor.
Fascism: You have two cows. The government takes both cows and sells you the milk.
Nazism: You have two cows. The government takes both your cows, then shoots you.
Bureaucracy: You have two cows. The government takes both of them, shoots one, milks the other, then pours the milk down the drain.
Capitalism: You have two cows. You sell one of them and buy a bull.
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