Posted on 05/22/2019 2:40:17 AM PDT by Kaslin
Presidential contenders are in a battle to out give one another. Senator Elizabeth Warren proposes a whopping $50,000 per student college loan forgiveness. Senator Bernie Sanders proposes free health care for all Americans plus illegal aliens. Most Democratic presidential candidates promise free stuff that includes free college, universal income, "Medicare for All" and debt forgiveness.
Their socialist predecessors made promises too. "Freedom and Bread" was the slogan used by Adolf Hitler during the National Socialist German Workers' Party (Nazi) campaign against president Paul von Hindenburg. Hitler even promised, "In the Third Reich every German girl will find a husband." Stalin promised a great socialist-Marxist society that included better food and better worker conditions. China's Mao Zedong promised democratic constitutionalism and the dream that "farmers have land to till." These, and other promises, gave Mao the broad political support he needed to win leadership of the entire country in 1949.
Socialism promises a utopia that sounds good, but those promises are never realized. It most often results in massive human suffering. Capitalism fails miserably when compared with a heaven or utopia promised by socialism. But any earthly system is going to come up short in such a comparison. Mankind must make choices among alternative economic systems that actually exist. It turns out that for the common man capitalism, with all of its alleged shortcomings, is superior to any system yet devised to deal with his everyday needs and desires. By most any measure of human well-being, people who live in countries toward the capitalistic end of the economic spectrum are far better off than their fellow men who live in countries toward the socialist end. Why?
Capitalism, or what some call free markets, is relatively new in human history. Prior to capitalism, the way individuals amassed great wealth was by looting, plundering and enslaving their fellow man. With the rise of capitalism, it became possible to amass great wealth by serving and pleasing your fellow man. Capitalists seek to discover what people want and produce and market it as efficiently as possible as a means to profit. A historical example of this process would be John D. Rockefeller, whose successful marketing drove kerosene prices down from 58 cents a gallon in 1865 to 7 cents in 1900. Henry Ford became rich by producing cars for the common man. Both Ford's and Rockefeller's personal benefits pale in comparison to the benefits received by the common man who had cheaper kerosene and cheaper and more convenient transportation. There are literally thousands of examples of how mankind's life ha been made better by those in the pursuit of profits. Here's my question to you: Are the people who, by their actions, created unprecedented convenience, longer life expectancy and a more pleasant life for the ordinary person -- and became wealthy in the process -- deserving of all the scorn and ridicule heaped upon them by intellectuals and political hustlers today?
In many intellectual and political circles, the pursuit of profits is seen as evil. However, this pursuit forces entrepreneurs to find ways to either please people efficiently or go bankrupt. Of course, they could mess up and avoid bankruptcy if they can get government to bail them out or give them protection against competition.
Nonprofit organizations have an easier time of it. As a matter of fact, people tend to be the most displeased with services received from public schools, motor vehicle departments and other government agencies. Nonprofits can operate whether they please people or not. That's because they derive their compensation through taxes. I'm sure that we'd be less satisfied with supermarkets if they had the power to take our money through taxes, as opposed to being forced to find ways to get us to voluntarily give them our money.
By the way, I'm not making an outright condemnation of socialism. I run my household on the Marxist principle, "From each according to his ability, to each according to his needs." That system works when you can remember the names of all involved.
The only thing socialism promises is poverty.
That’s not a promise, it’s a threat.
“That’s not a promise, it’s a threat.”
It’s not a threat; it’s a fact.
Yeah, it is. Group-think is everywhere.
As a Petty Capitalist, Id like to ask those who say “Profit” is a dirty word. “Without ‘Profit’ where will I get the Capital I use to purchase new equipment to hire new workers?”
If the workers want to own the means of production, won’t they be required to purchase the same equipment? I really don’t think the “Workers” know much about business.
Natural law is inescapable on the matter.
Socialism does not work, can’t work, and is destined to fail.
HOWEVER.....
The entire world runs on our fiat-printed money, and that situation is unlikely to change anytime soon. Don’t look for anybody on the planet to cry foul as the consequences to them of our economic collapse are too horrible to contemplate.
This is the wealthiest society that has ever existed in the history of the planet, bar none. If full-scale confiscation and redistribution started tomorrow, it would literally take decades for us to hollow out to the level of Venezuela.
Bottom line: Socialism won’t work. But the pieces are in place to create the illusion that it’s working till well beyond the end of any of our lifetimes.
The USSR spun it out for seven decades, and they had none of these advantages.
People need to read the “Protestant Ethic Thesis”.
Without an understanding of that-it’s hard to grasp the significance of Capitalism
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