It begins with the idea of equality, which is righteous, loving, and for all people. Indeed, it is very inviting. Promises of freedom and hope for the poor. Promises of taking from the rich and giving to the oppressed. It is a lazy and dysfunctional person’s dream come true. Before you know it Communism and dictatorship move in, which is needed in order to maintain the very system of superficial “equality”. It’s an oxymoron. One that many Cubans and Venezuelans understand very well.
Soviet Leader Nikita Khrushchev, 1950 “we cannot expect Americans to jump from Capitalism to Communism, but we can assist their elected leaders in giving Americans small doses of socialism until they suddenly awake to find they have Communism”. It’s evident that Socialism is the deceptive, subtle, and beginning step towards Communism.
The Democratic Socialists of America propose ideologies that are very enticing to the people. The projected intent through social and news media always seems to be for the greater good as they push for everyone having free Healthcare, Education, and various other social services at no cost and at the expense of other people’s funds. Socialist ideology and victim mentality have sparked the interest of many Millennials. In a socialist system, major corporations get squeezed in order to provide free services. This eliminates competition and the free-market, which destroys entrepreneurs’ motivation for creating businesses. This means fewer jobs for the people which also means less production. Eventually, the dreadful effects of inflation kick in.
In our current Capitalist system, we are given the right to take home the money we earn. No one dictates your financial life Businesses flourish. This motivates us. We get taxed a portion of it and it goes to people who may need assistance during hard times. People complain about taxes now, but imagine what it would be like under socialism!!
The notable difference is that Socialism tries to provide free services to everyone and eventually exasperates the country’s financial resources while Capitalism provides free services, only to those who need them. Margaret Thatcher, ex-Prime Minister of the United Kingdom said it best. “The problem with socialism is that you eventually run out of other people’s money”.
Making money and having the opportunity to live a better life is all part of the American dream and the reason why many Latinos leave their countries in order to come here. It’s one of the main reasons why we have a border crisis. It’s because Capitalism works.
Capitalism never takes away our chances of creating wealth. It’s totally up to the individual. As the economy continues to flourish under President Trump, the Capitalist system continues to reform for the better in order to accommodate all people. But the last thing that it needs is to be replaced by a socialist system that has led even oil-rich countries to look like war zones due to its eventual decline to poverty.