What is truly amazing is that, after the examples of the past 100 years, this is not completely obvious to everyone.
1) socialism is evil and has never worked anywhere that it has been tried.
2) socialism is evil and has never worked anywhere that it has been tried.
3) socialism is evil and has never worked anywhere that it has been tried.
4) socialism is evil and has never worked anywhere that it has been tried.
5) socialism is evil and has never worked anywhere that it has been tried.
Look at the period of, say, 1780 through 1920—the period when Capitalism was allowed to flourish in its purest form in the West. That period saw the greatest advance in the condition of humanity in history, period. Even today, when we still have Capitalism in a less pure form, humanity’s condition continues to improve at a pace that outstrips most of human history. We need to quit apologizing for Capitalism or claiming that it somehow exploits people. Go back to 1750 or even 1900 and ask a middle class person if they would want to live like a poor person lives today. They would trade places with today’s poor in a minute. And most rich people from, say, 1900 would likely trade places with most middle class people of today. Capitalism is a blessing from God.
Because of these two reasons, Socialism will not seek mediocrity as an equilibrium point. It will seek the lowest common denominator. If you do "A" work, but only reap the rewards of "C" work, why would you do "A" work? BUT, if you do "C" work and only reap the rewards of "F" work, why would you do even "C" work?
The long term result is that eventually everyone will work only at the level of the worst worker.
100,000,000 civilians were murdered by their own governments in the twentieth century while those governments tried to implement socialism. Whether it was National Socialism, Soviet Socialism, Sino-Socialism, World Socialism or any other flavor of socialism it has failed miserably and resulted in death and misery for all but the fascists in charge.
Socialism is favored by a small class of people who know they do not possess the skills to produce anything of value but judge themselves uniquely able to govern those who can.
If there is such a thing as civic sin, it is always related to socialism.
Socialism, a general term for the political and economic theory that advocates a system of collective or government ownership and management of the means of production and distribution of goods. Because of the collective nature of socialism, it is to be contrasted to the doctrine of the sanctity of private property that characterizes capitalism. Where capitalism stresses competition and profit, socialism calls for cooperation and social service.
My emphasis on one of the most important distinctions in that definition.
Private property also means your earnings – which are a constant target of the National Socialist Left.
Capitalism is organic, flexible and able to respond to changing circumstances almost immediately. Socialism is a big, slow machine designed to work in only one way and not allowing for variables. Most of the “plans” wrongly assume that when they tweak “A” that “B,C,D” will stay the same.
Bookmarked, saved, will be EMailed, etc. Elegant and accurate explanation of capitalism vs. socialism.
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