Several recent polls, plus the popularity of Sen. Bernie Sanders, I-Vt., demonstrate that young people prefer socialism to free market capitalism.
For the most part, neither they nor many of their teachers and professors know what free market capitalism is.
Free market capitalism, wherein there is peaceful voluntary exchange, is morally superior to any other economic system.
Free market capitalism is disfavored by many Americans-and threatened-not because of its failure but, ironically, because of its success.
Free market capitalism in America has been so successful in eliminating the traditional problems of mankind-such as disease, pestilence, hunger, and gross poverty-that all other human problems appear both unbearable and inexcusable.
Let's compare capitalism with socialism by answering the following questions: In which areas of our lives do we find the greatest satisfaction, and in which do we find the greatest dissatisfaction?
A much larger and totally ignored question has to do with the brutality of socialism.
No such record of brutality can be found in countries that tend toward free market capitalism.
List countries according to whether they are closer to the free market capitalist or to the socialist/communist end of the economic spectrum.
You will find that people who live in countries closer to the free market capitalist end of the economic spectrum not only have far greater wealth than people who live in countries toward the socialistic/communist end but also enjoy far greater human rights protections.
As Thomas Sowell says, "Socialism sounds great. It has always sounded great. And it will probably always continue to sound great. It is only when you go beyond rhetoric, and start looking at hard facts, that socialism turns out to be a big disappointment, if not a disaster."
https://www.dailysignal.com/2018/05/30/capitalism-vs-socialism/
For the most part, neither they nor many of their teachers and professors know what free market capitalism is.
Free market capitalism, wherein there is peaceful voluntary exchange, is morally superior to any other economic system.
Free market capitalism is disfavored by many Americans-and threatened-not because of its failure but, ironically, because of its success.
Free market capitalism in America has been so successful in eliminating the traditional problems of mankind-such as disease, pestilence, hunger, and gross poverty-that all other human problems appear both unbearable and inexcusable.
Let's compare capitalism with socialism by answering the following questions: In which areas of our lives do we find the greatest satisfaction, and in which do we find the greatest dissatisfaction?
A much larger and totally ignored question has to do with the brutality of socialism.
No such record of brutality can be found in countries that tend toward free market capitalism.
List countries according to whether they are closer to the free market capitalist or to the socialist/communist end of the economic spectrum.
You will find that people who live in countries closer to the free market capitalist end of the economic spectrum not only have far greater wealth than people who live in countries toward the socialistic/communist end but also enjoy far greater human rights protections.
As Thomas Sowell says, "Socialism sounds great. It has always sounded great. And it will probably always continue to sound great. It is only when you go beyond rhetoric, and start looking at hard facts, that socialism turns out to be a big disappointment, if not a disaster."
https://www.dailysignal.com/2018/05/30/capitalism-vs-socialism/
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