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The term "Socialism," as well as "Communism," has come to allow the meaning of a broad amount of societies and governments. Loosely, Socialism means government (or public) control of the economy and business to a certain extent. I have met members of various Socialist parties of all nations who have turned this loose definition into something more specific. Some go as far as to postulate that the end of government will be replaced with Democracy, while others devise "free societies" with abolishment of money and making everything free, while still others believe in Participatory Economics and not working if you desire not to (while still receiving the benefits of working, such as pay). Many of these Socialists, though, understand how broad a term "Socialism" is, and have more thoroughly described their idea of the mechanics of their Utopian societies.

Before addressing the question of rights, or of the benefits of industrial society, it would be essential that I describe the workings of how I view a good Socialist society and economy. I believe that the public deserves the right to own some capital. It is already true that the government owns and runs some transportation industries (roads), as well as being the greatest competitor of the education industry. Other industries such as sanitation, postal delivery, electricity, water, and other utilities are also regulated, owned, or operated by the government. However, I believe that other industries aso ought to be publicly owned, such as factories that produce electronics or other goods, a very small chain of retail outlets to help distribute goods, and -- most importantly -- farms to produce food for the starving population. By the public owning these industries, we can set prices, have fair working hours, have fair working conditions, and have decent quality of goods. By private industry owning capital and businesses, these desired economical conditions have rarely occurred (as I shall demonstrate with evidence in the next section). As well as public ownership of industry, I believe that private ownership should not be prohibited (within Communism, private ownership of capital and means of production is prohibited). To help promote ethical business procedures within private industry, some Socialists have advocated business regulations: Minimum Wage Laws, Overtime and Minimum Working Hours Laws, Child Labor Laws, safe working conditions lows, among others, which allow private enterprise to act as it desires within certain principle guidelines. Though I do believe in regulation of private industries (with such laws as minimum wage and safe working conditions), I also believe that some industries should be publicly owned (I will delve into detail concerning Regulation versus Ownership later). Though regulation does provide an artificial standard for business to meet, the best standard is provided by companies owned by the public with the specific intention of serving the public -- public industry will serve the worker by providing fair wages, good hours, and safe working conditions for honest work; public industry will serve the community and the consumer by providing high quality goods at a low, affordable price. Regulation and public ownership of some capital of most industries is my idea of Socialism, as well as having public businesses providing beyond the requirements of business regulation, and therefore providing natural competition to private enterprise. As to the question of how laws are passed and decisions are made, this is not something I can wholly answer here, though I would lean towards Direct Democracy (Anarchism).

The Plight of the Workers

Is Socialism possible? Is it needed? Is it desirable? These are questions that can only be answered with brute, hard facts. The following is a list of facts concerning the rich, the poor, and everyone concerned...

In 1974, the Capitalist class (per household) was making over $125,000 annually (in 1966 dollars); in 1987, the Capitalist class (per household) was making over $160,000 annually (in 1966 dollars); and in 1995, the Capitalist class (per household) was making over $200,000 annually (1966 dollars). However, from 1966 to 1995, the middle class have been making little over $25,000 annually (1966 dollars), and from 1966 to 1995, the poor class have been making little over $8,000 annually (1966 dollars) and that figure has remained virtually unchanged for that time period. From 1966 to 1995, the Capitalist class had an increase in over $75,000 (1966 dollars) yet the other classes have not been getting an increase of income at all. [Source: U.S. Census Bureau, historical income and poverty data.]

Roughly 20% of the children in the United States are living in below poverty conditions. [Source: Urban Institute.]

What we find in the United States, in 1980, is that top 1% of the United States of America owns more than 25% of all the wealth in the nation, while the poorest 20% of the nation do not even own 1% of the wealth. [Source: U.S. Treasury, Internal Revenue Service. Quoted from Contemporary Macroeconomics, by Milton H. Spencer, Worth Publishers, Inc., Fourth Edition, page 45.]

The mining industry made 174.5 billion in 1997 and paid its workers only 20.9 billion -- each worker was paid 12% of the wealth they produced. The construction industry made 834.8 billion and paid its workers 171.0 billion -- each worker was paid 20% of the wealth they produced. The manufacturing industry made 3,958.1 billion and paid its workers 595.7 billion -- each worker was paid 15% of the wealth they produced. The transportation and public utilities industry made 1,143.9 billion and paid its workers 199.7 billion -- each worker was paid 17% of the wealth they produced. The wholesale trade industry made 4,235.4 billion and paid its workers 234.5 billion -- each worker was paid 5% of the wealth they produced. The retail trade industry made 2,545.9 billion and paid its workers 290.5 billion -- each worker was paid 11% of the wealth they produced. The finance, insurance, and real estate industry made 2,474.9 billion and paid its workers 308.2 billion -- each worker was paid 12% of the wealth they produced. The services (taxable firms only) industry made 1,843.8 billion and paid its workers 688.9 billion -- each worker was paid 37% of the wealth they produced. [Source: U.S. Census Bureau, 1997 Economic Census, Comparative Statistics, Core Business Stastistics Series, EC97X-C52, issued June 2000.]

However, if it is true that these workers receive such a small percentage of the wealth they make, then the following must be true: Workers in the mining industry (who receive on average 12% of the wealth they make for their employers) make an average of $40,820.31 per year, or $19.62 per hour. Workers in the construction industry (who receive an average of 20% of the wealth they make for their employers) make an average of $30,716.72 per year, or $14.76 per hour. Workers in the manufacturing industry (who receive an average of 15% of the wealth they make for their employers) make an average of $33,929.48 per year, or $16.31 per hour. Workers in the transportation and public utilities industry (who receive an average of 17% of the wealth they make for their employers) make an average of $35,102.21 per year, or $16.87 per hour. Workers in the wholesale trade industry (who receive an average of 5% of the wealth they make for their employers) make an average of $36,025.37 per year, or $17.31 per hour. Workers in the retail trade industry (who receive an average of 11% of the wealth they make for their employers) make an average of $13,724.90 per year, or $6.59 per hour. Workers in the finance, insurance, and real estate industry (who receive an average of 12% of the wealth they make for their employers) make an average of $42,136.63 per year, or $20.25 per hour. Workers in the services (taxable firms only) industry (who receive an average of 37% of the wealth they make for their employers) make an average of $27,252.51 per year, or $13.10 per hour.

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N5300003 Single Outlet Regulator Hose for Liquid $17.1 Single Outlet Regulator Hose for Liquid Propane

66022 Two Outlet Regulator Hose for Liquid $27.9 Two Outlet Regulator Hose for Liquid Propane

Victor 34107812401 Sr360A510 Regulator $309.3 Single stage design. Stem type seat mechanism. Delrin cap bushing for smooth adjustments. External self reseating relief valve not designed to protect downstream apparatus. Inlet Pressure: 3000 psig [Max]. Outlet Pressure: 2.0 psig [Min] 15.0 psig [Max]. Inlet Connection: CGA 510. Outlet Connection: 9/16 18. Gauge Size: 21/2 . Diaphragm Size: 23/4 . Body Material: Forged Brass. Diaphragm Material: FabricReinforced Neoprene. Filter Material: Bronze Sintered.

Western Enterprises - Regulator Outlet Bushings $1 Quality outlet bushings for contamination control. Welding hose and compressed gas fittings with a pressure of 200.00 PSIG and a male/male connection Welding supplies suited for oxygen.

Goss 328EN460F Reg Nitrogen Purging Regulator Cga580 14 Flare $123.9 All brass regulator used for purging and blowing off coils in an HVAC system. Outlet Pressure: 0.0 psi (Min) 450.0 psi (Max). Thread TPI or Pitch: .960 14. Inlet Size: 1/4 (NPT). Outlet Type: Right Hand Thread.

Goss Go Ep-60-3 Regulator. Each $19.5 Manufacturer: Goss. Each. For applications requiring low gas pressure UL listed with NPT inlet NPT outlet Do not use with any Goss LP torch or furnace equipment For vapor withdrawal cylinders Outlet Pressure = 11.00 inH2O [Max] Inlet Size = 1/4 in (NPT)

Goss Regulator Lp Cga-510. Each $68.73 Manufacturer: Goss. Each. All brass regulators used with propane torches and furnaces Use only with vapor withdrawal cylinders UL listed with POL inlet spud and nut Outlet Pressure = 0.0 psi [Min], 60.0 psi [Max] Pressure = 5.00 psi [Min], 60.00 psi [Max

Goss 328EP603 Go Ep603 Regulator $35.95 Propane Regulators. For applications requiring low gas pressure. UL listed with NPT inlet NPT outlet. Do not use with any Goss LP torch or furnace equipment. For vapor withdrawal cylinders. Pressure: 11 H2O (Max). Inlet Size: 1/4 (NPT). Outlet Size: 3/8 (NPT). Outlet Type: Left Hand Thread. Low Pressure.

Goss 328EP80G Regulator Less Gauge $87.66 All brass regulators used with propane torches and furnaces. Use only with vapor withdrawal cylinders. UL listed with POL inlet spud and nut. Gauge Not Included. Outlet Pressure: 0.0 psi [Min] 70.0 psi (Max). Pressure: 5.00 psi [Min] 60.00 psi (Max). Thread TPI or Pitch: 9/16 18. Inlet Size: 1/4 (NPT). Outlet Type: Left Hand Thread. High Pressure.

Edelbrock Fuel Pressure Regulator Kit $156.99 Single Regulator; Dual Outlet; Standard-Flange; w/GM Throttle; Incl. Fittings/Mounting Plate/Fuel Line/Regulator;

Goss Regulator Less Gauge. Each $61.97 Manufacturer: Goss. Each. All brass regulators used with propane torches and furnaces Use only with vapor withdrawal cylinders UL listed with POL inlet spud and nut Gauge Not Included Outlet Pressure = 0.0 psi [Min], 70.0 psi [Max] Pressure = 5.00 psi [M

Victor 34107812400 Sr360A300 Regulator Packaged $309.3 Single stage design. Stem type seat mechanism. Delrin cap bushing for smooth adjustments. External self reseating relief valve not designed to protect downstream apparatus. Inlet Pressure: 3000 psig [Max]. Outlet Pressure: 2.0 psig [Min] 15.0 psig [Max]. Inlet Connection: CGA 300. Outlet Connection: 9/16 18 (M). Gauge Size: 21/2 . Diaphragm Size: 23/4 . Width: 71/2 . Height: 61/2 . Depth: 41/2 . Body Material: Forged Brass. Diaphragm Material: FabricReinforced Neoprene. Filter Material: Bronze Sintered.

Bayou Classic High Pressure Adjustable Regulator With Valve $25.9 This Bayou Classic High Pressure Regulator features 0-30 PSI adjustable regulator with 1/4 inch inlet and outlet.

Western Enterprises Regulator Hvac Testing Cga-580. Each $94.68 Manufacturer: Western Enterprises. Each. KEL-FTM seat assembly withstands high service pressures Durable tee handles Gas Type = Nitrogen Flow Cap. = 1500.000 SCFH [Max] Inlet Pressure = 0 psi [Min], 3000 psi [Max] Outlet Pressure = 0.0 psi [Min], 450.0 p

Pressure Regulator $93.99 High Quality Content by WIKIPEDIA articles A pressure regulator is a valve that automatically cuts off the flow of a liquid or gas at a certain pressure. Regulators are used to allow highpressure fluid supply lines or tanks to be reduced to safe and/or usable pressures for various applications. A pressure regulators primary function is to match the flow of gas through the regulator to the demand for gas placed upon the system. If the load flow decreases, then the regulator flow must decrease also. If the load flow increases, then the regulator flow must increase in order to keep the controlled pressure from decreasing due to a shortage of gas in the pressure system. In the pictured singlestage regulator, a diaphragm is used with a poppet valve to regulate pressure. As pressure in the upper chamber increases, the diaphragm is pushed upward, causing the poppet to reduce flow, bringing the pressure back down. By adjusting the top screw, the downward pressure on the diaphragm can be increased, requiring more pressure in the upper chamber to maintain equilibrium. In this way, the outlet pressure of the regulator is controlled. Author: Surhone, Lambert M./ Timpledon, Miriam T./ Marseken, Susan F. Binding Type: Paperback Number of Pages: 138 Publication Date: 2010/08/02 Language: English Dimensions: 6.00 x 9.02 x 0.32 inches

Western Enterprises 312CV32R Regulator Outlet Bushing Model BSize 916 Inch18 $23.02 Replaces outlet bushing in most regulators . Flow capacity is 1000 SCFH at 50 PSIG . Regulator type Check Valve is easily seen and less subject to contamination abuse and damage . Installed with Teflon thread seal tape on 1/4 NPT tapered threads

AmStar 1/2'' Air Pressure Regulator with Gauge $57.95 Pneumatic equipment that operates at higher than recommended pressure can cause excess torque, force and wear and can waste compressed air. Operating below specified pressure can cause machines to fail to meet their design performance specifications. Therefore, precise air pressure control is essential to efficient operation of air powered equipment. An air line regulator is a specialized control valve which reduces upstream supply pressure level to a specified constant downstream pressure.Features:? Regulates air pressure of the air line? Self-relieving style units? Features three position non-rising knob-push to lock, pull to adjust, detach to make tamper resistant? Polished brass valve set - regulated pressure will not drift.? Efficient aspirator (minimum pressure drop) - quick response - high cycles - higher productionSpecifications:? 1/2'' NPT Inlet/Outlet? 250 SCFM Max Flow? 5-125 PSIG Adjustment Range

Fuel Pressure Regulator $308.99 Fuel Pressure Regulator; Racing; 4 Port; Gasoline; 7/8 in.-14 Inlet; 3/4 in.-16 Outlet; 1/8 in. NPT Gauge Port; 20 psi;

Victor Professional Tools L710a-500 Regulator. Each $431.77 Manufacturer: Victor Professional Tools. Each. Extra heavy duty Designed for Gas Distribution System (pipeline) Delrin cap bushing for smooth adjustments Stem type seat mechanism Gas Type = Acetylene Inlet Pressure = 500 psig [Max] Outlet Pressure = 2.0

Agilent Brass Regulator, Stainless Steel Body, 0.32cm (1/8), CGA 350, H2, Ar/Me $401.59 Features of the Agilent Brass Regulator: Brass Body, Dual Stainless Steel Diaphragms, 0.32cm(1/8"), CGA 350. 125psig max(8.6 bar), H2, Ar/Me. Operating temp:-40 to 74[degree]C. Inlet-outlet port: 0.64cm(1/4"), MNPT. Outlet valve: 0.64cm(1/4"), MNPT; 6.35cm(2.5") Dual scale gauges; Internal self-reseating relief valve.

Solar Panel Charge Regulator Controller 12V/24V 10A 240W, Solar Charge Controller, Solar Regulator #010036 $23.16 Compatible with 240W solar panel, Max current is 10A solar charge controller, solar regulator solar regulator controller

Competition Fuel Pressure Regulator $128.99 Competition Fuel Pressure Regulator; 3 Port Return Style; Gasoline; 3/8 in. NPT Inlet/Outlet; 1/8 in. NPT Gauge Port; Adjustment Range 3 To 12 psi;

Mr. Heater Regulator F273767 $21.49 Propane low pressure LP regulator. 1/4 Female pipe inlet x 3/8 pipe outlet. Use with low pressure appliances up to 200,000 BTU´s.

ARB Barrel Regulator by PowerTank for Jeep $34.99 Adjustable;50-145 psi;Max inlet pressure is 150 psi ARB Barrel Regulator by PowerTank for Jeep

Western Enterprises Regulator Bushing. Each $7 Manufacturer: Western Enterprises. Each. Easily mounts on outlet bushing o nay regulator having a B-Size outlet This model has the same flow capacity as the torch - type (1200 SCFH at 50 PSIG) when installed on a regulator Check valve is easily seen and i

AmStar Pneumaster Combination Air Filter, Pressure Regulator, Pressure Gauge Unit $87.95 ? Equiped with a sintered bronze filter element? Built to withstand chemicals and will not collapse most plastic plastic elements? Metal filter bowl with manual drain and sightglass? Max flow: 100 SCFM? Inlet/Outlet Size: 1/2''

Goss 328EP70G Regulator Lp Cga510 WGauge B Hose $97.23 Propane Regulators. All brass regulators used with propane torches and furnaces. Use only with vapor withdrawal cylinders. UL listed with POL inlet spud and nut. Outlet Pressure: 0.0 psi [Min] 60.0 psi (Max). Pressure: 5.00 psi [Min] 60.00 psi (Max). Thread TPI or Pitch: 9/16 18. Inlet Size: 1/4 (NPT). Outlet Type: Left Hand Thread. High Pressure.

Sidearm COMP Regulator by PowerTank for Jeep $150.99 0-160 psi adjustable;323 valves;Aluminum body;Bottle and outlet pressure gauges;Reco mmended for vehicle mounted systems Sidearm COMP Regulator by PowerTank for Jeep

Brass T Regulator Part 80002 $15.95 This MCM Repair Brass T Fitting fits many BBQ Gas Grills. Includes Nipple To Create Twin Outlet From A Single Regulator In Side Burner Applications.

Mr. Heater Mr. Heater Regulator F273767 $14.3 Regulator Propane low pressure LP regulator 1/4? Female pipe inlet x 3/8? pipe outlet Use with low pressure appliances up to 200,000 BTU's Brand #: Mr. Heater F273767 UPC: 089301737679 Keywords: propane regulator lp