This American system of ours, call it Americanism, call it capitalism, call it what you will, gives each and every one of us a great opportunity if we only seize it with both hands and make the most of it.
Socialism is nothing more nor less than the social, political and ideological system which breaks the fetters upon economic growth created under capitalism and opens the way to a new period of economic and social expansion on a much larger scale.
Whether we look at capitalism, taxes, business, or government, the data show a clear and consistent pattern: 70 percent of Americans support the free enterprise system and are unsupportive of big government.
It has been true in Western societies and it seems to be true elsewhere that you do not find democratic systems apart from capitalism, or apart from a market economy, if you prefer that term.
But we don't have an example of a democratic society existing in a socialist economy - which is the only real alternative to capitalism in the modern world.