John Ridpath rather deftly defines socialism in a debate with Ontario's former (at that time, soon to be) socialist Premier. Happily, you don't need to hear from the socialist Rae in the clip, but merely receive a fairly length definition of socialism and statism and a rationale for why they are immoral.
Ironically, when he assumed power, Bob Rae was responsible for ruining Ontario’s economy in the early 90s.
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