“We are all socialist now,” was Newsweek’s cover story a couple of weeks ago, referring to the mood of American public opinion these days. Whether we admit it or not, the weekly’s editors wrote, America at this time is moving towards becoming a European-style socialist country: “the America of 2009 is moving toward a modern European state.”

It has only been what, not quite 4 years, since I was last in the U.S. and certainly at that time, nothing about the U.S. even vaguely approached socialist anything. Some of the things I found seriously lacking in the U.S. were things like socialized medicine with good health care for all (meaning the Israeli or German version, not the “European” in general because the Brits have a terrible healthcare system going on personal experience). Is it possible, however, that things have changed so radically in such a short time? The article points to things like the nationalization of banking and mortgage industries as an indication that the U.S. is already basically “socialist” or fast-becoming. It seems difficult for me to wrap my mind around the idea of the U.S. not being “do or die capitalists.”

What do you guys think? Have things really changed so much, has public opinion really shifted to such an extent…?