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Thanks for the explanation. The reason why I am reluctant to call it socialism is because it doesn't operate as a socialist system would (seeking equality among all its workers, etc.). Yet this isn't purely socialist, as it is operated under a primarily free-market system and it still allows private ownership. This goes back to what I've said in other threads: there is no such thing as a purely capitalistic economy. This is a prime example of what can happen in a mixed economy. It is a stabilizing measure.
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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
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