Posts Tagged ‘Socialism vs. Capitalism’

Socialism vs. Capitalism

June 6, 2018

Socialism vs. Capitalism

If a culture does not teach its basic principles: ethics, morals, economics and political philosophy to its children it will perish.

America’s educational system has increasingly failed to acculturate our children starting in primary schools and continuing through college since sometime in the 1950’s.  

As a result, a large proportion of our youth now favors socialism over capitalism as an economic system for America. 

Tragically, our youth knows little to nothing about the fact that socialism tends to evolve in the direction of communism. Furthermore, socialism generally produces poorly motivated citizens, who are taxed to-the-max who become dependent upon governmental support, in this political system prone to great corruption and failure. 

The most recent example of the abject failure of socialism is Venezuela. 

Please see this video about the now unfolding failure of Venezuela and then read the short article below.

Here is a quote taken from the article below. It is essential for America’s voting adult population to understand how socialism is becoming increasingly attractive to America’s youthful voters. 

“As Dr. 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.’

Please send this blog to everyone you know. Wake-Up America!

V. Thomas Mawhinney, Ph.D., 6/6/18

“7 Reasons Socialism Will Make You Poorer Than Capitalism”

December 7, 2013

“7 Reasons Socialism Will Make You Poorer Than Capitalism”

If you would like to read a very concise primer on the relative merits of Socialism vs. Capitalism as a socioeconomic system, Jon Hawkins’ article published in is one of the best I have found.

I hope you will read this short and powerful summary of the reason that every culture that has adopted free market capitalism as its economic system has prospered, gained economic upward mobility for more of its citizens, and a higher standard of living for a greater proportion of its general population.

Compare North America to South America, North Korea to South Korea, what used to be West Germany to East Germany, Hong Kong to Mainland China. These are highly revealing natural experiments that pretty-well control for differences in the biogenetic make-up of the populations, but contrast the effects of dramatically different socioeconomic systems.

A major reason for America’s decline is that we have failed to acculturate our children in the make-up of our superior socioeconomic system and our formerly superior Constitutional Republic (now tragically fading to a post-Constitutional Socialist Republic).

It is their ignorance about this profoundly important corpus of historical information that lays them open and vulnerable to progressive, socialist, communist, propaganda. Our State controlled public educational institutions and media are undermining our American Constitutional Republic.

For a very enjoyable viewing experience, treat yourself to an “open-mike” video experience on the streets of Hong Kong, triumphantly confirming all that this blog is discussing.

The following should be required reading and viewing for every American student, as well as strongly suggested for all adults.

I hope you will introduce such information as this to the young people in your lives.

I hope you will tolerate the ad, this video is worth the few seconds wait:

VTM, 12/7/13

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