Reforming social security turns Americans into owners. They are not mere workers but capitalists as well. With the expansion of 401 K and other retirement programs, nearly one out of two Americans has ownership interest in corporate America. The Bush reform expands this even further. The workers become the bosses, thus turning Marx on its head.
As Voegeli notes, the left “doesn't ask if there's a point at which the welfare state might become too big, or where social solidarity might trigger claustrophobia.” The biggest debate that faces us today on domestic policies is to what extent should government power be limited. This is a philosophical debate as much as an economic debate. Today liberal is no longer a liberal but a socialist. A soft socialist but a socialist nevertheless. What has been missing from the Democratic Party is defining the line in the sand that government can’t cross economically
What is core to this debate is how much economic freedom will be allowed or tolerated. By reforming social security, George Bush is allowing the common man and woman the opportunity to build his or her wealth. It also gives that same individuals more freedom to prepare for their future. It treats social security, in part, as their money. The opposite vision is that our earnings are mere gifts to be distributed back to the people by a benevolent government.