DEFINITIONS AND A COMMENT AND A QUESTION

A capitalist economy is one in which producers and consumers own all or most of the means of production and make most of the decisions about what goods and services shall be produced; how they shall be produced; and for whom they will be produced.

A mixed economy is one in which the government owns some of the means of production and makes some of the decisions about what and for whom and how…but consumers and producers own most of the means of production and make most of the decisions about what and for whom and how.

A socialist economy is one in which the government owns more of the means of production and makes more of the decisions about what and how and for whom…but some, even many decisions are still made by consumers and producers regarding what and how and for whom.

A communist economy is one in which the government owns all of the means of production and makes all of the decisions about what; for whom; and how. Consumers and producers make virtually none of those decisions.

A fascist economy is one in which means of production commonly remain in private ownership but the government makes all of the decisions regarding what; for whom; and how. Consumers make virtually none of those decisions.

The economy of the United States historically has been one best described as mixed.
The government has long exercised influence, even considerable influence at times, over the American economy.
But consumers and producers have always made most of the decisions of what; how; and for whom.

You decide whether or not the b.o. Administration is striving to maintain a mixed economy or is seeking to establish a socialist economy.