The end of capitalism and the start of a socialist economy that would fit in with a one world economic system.
What is capitalism? It is an economic and social system in which capital, the non-labor factors of production (also known as the means of production), is privately controlled; labor, goods and capital are traded in markets; and profits distributed to owners or invested in technologies and industries.
What is socialism? It refers to various theories of economic organization advocating public or direct worker ownership and administration of the means of production and allocation of resources, and a society characterized by equal access to resources for all individuals with a method of compensation based on the amount of labor expended.
Most of the world, indeed all of it, is based on capitalism. The "one world economic system" is capitalism. Elements of socialism exist, but they are minimal.
We've had elements of socialism in our country for a very long time and they cause no harm. Indeed, they help.
Do you drive? You've been using the socialist road system.
Do you use the internet? Of course. You've been taking advantage of a service invented by the government's DARPA. (socialism)
Obama has not made anything socialist. In socialism, people get rewarded based on how much they work. Obama has given money to people that don't work, such as bankers and other shills.
Please, stop throwing "socialism" around like some sort of hot potato. This is not the McCarthy era. If you're gonna talk about socialism, please, at least be aware of what socialism is.
General rule: Socialism DOES NOT necessarily equal big government.
Read up on anarcho-communism. It is small-government socialism.
In this country we have big-government capitalism and Obama is doing a lot to make it even more so.