Reich every German girl will find a husband.
Capitalism fails miserably when compared with a heaven or
utopia promised by socialism.
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. Prior to capitalism, the way individuals amassed great
wealth was by looting, plundering, and enslaving their fellow man. 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.
Presidential contenders are in a battle to out-give one another.
Sen. Elizabeth Warren, D-Mass., proposes a whopping $50,000 per student college loan forgiveness. Sen. Bernie Sanders, I-Vt., 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 has 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.
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