Anyone who puts himself out there as a conservative thinker/commentator will invariably find themselves the subject of critics who hurl the phrase "neo-con" or "neo-conservative" at them, as if there is no difference in "conservatism" and "neo-conservatism". There is. Neo-conservatism adds to a core of conservative domestic sensibility a new sense of American exceptionalism in the world and a concomitant duty to spread the benefits of democracy and liberalism (classical, not modern) throughout the world. Most who use the phrase "neo-con" these days mean it as an insult, largely code for "support for the failed policies of George Bush" or some other such drivel.
I propose that we now begin to refer to the policies of the Obama Administration as "Neo-Socialism". Not in some childish game of tit-for-tat, but in the recognition of the fundamental differences in classic socialism and the brand practiced by President Obama and his administration.
Here are, as far as I can see it, the defining characteristics of "Neo-socialism".
1. A belief in the concept that capitalism has failed, but can be resuscitated by a new partnership between government and business. This new partnership will be inherently more fair to more people.
2. A belief that competition isn't necessarily bad, and that government can and should be permitted to compete with private industry.
3. A belief that big government isn't necessarily bad; what is bad is BAD big government. Big, effective government is desirable.
4. A belief in the transcendent quality of the world community while de-valuing national interests. A sense of American relative and actual decline in the world, one that demands of us a more compliant approach to problem solving. A perception that American decline is not necessarily a bad thing.
I'm sure there's more--but this is a good start.