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Thursday, December 2, 2010

Economics: The Most Socialist States in America

We started from the core definition of socialism as a form of government in which the state owns the means of production and allocates resources to its citizens at its discretion.

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Since no part of the U.S. can be considered purely socialist, we measured total [government] expenditures as a proportion of total economic output to compare the size of the public sector in each state.

The results ...

10. Rhode Island -- 15.9%
9. Hawaii -- 17.8%
8. Arkansas -- 18.1%
7. Wyoming -- 19.0%
6. Mississippi -- 20.2%
5. New Mexico -- 20.7%
4. Vermont -- 21.0%
3. Alabama -- 27.4%
2. Alaska -- 31.3%
1. West Virginia -- 32.1%

For more, see The Most Socialist States in America by Greg Bocquet, November 26, 2010 at CNBC.

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