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Showing posts from March, 2019

The Appeal of Socialism Examined

The political system that we all label “Socialism,” which I might define as one in which government displaces much of the private sector in providing for its citizens (healthcare, education, banking, resources, etc.) and controls the pricing for whatever is left to the private sector to administer, has never once succeeded in its stated objective of equitable distribution of resources and opportunities. In fact, it has always exacerbated the divide between rich and poor and has always led to depressing poverty for the masses. At the same time, free-market capitalism has raised the level of quality of life for most people, and in almost every single instance. And yet today, in the U.S. and elsewhere, we find that large segments of society favor socialism and distrust capitalism. And this is true even as our hemispheric neighbor Venezuela has experienced a complete collapse thanks to the 20-year pursuit of a socialist agenda. It begs the question of how this could be? Does anyone want t…