Posts tagged: Capitalism

Definitions of Socialism Broaden as Support for Capitalism Drops, Gallup Research Shows

Written by Wendy Wilson

Americans today are less likely to define socialism as government ownership of the means of  production and more likely to describe it in relation to equality or government benefits and social services, according to a new Gallup poll conducted in September.

Only seventeen percent of Americans in 2018 define socialism as government ownership of the means of production compared to twice that number in 1949 when Gallup first surveyed Americans on the term.… Continue Reading

Why People Keep Falling for Socialism, Despite the Evidence

Written by Walter E. Williams

Poverty is no mystery, and it’s easily avoidable.

The poverty line that the Census Bureau used in 2016 for a single person was an income of $12,486 that year. For a two-person household, it was $16,072, and for a four-person household, it was $24,755.

To beat those poverty thresholds is fairly simple. Here’s the road map: complete high school; get a job, any kind of a job; get married before having children; and be a law-abiding citizen.… Continue Reading

Capitalism vs. Socialism

Written by Walter E. Williams

Several recent polls, plus the popularity of Sen. Bernie Sanders, demonstrate that young people prefer socialism to free market capitalism. That, I believe, is a result of their ignorance and indoctrination during their school years, from kindergarten through college. 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.… Continue Reading

Why is Socialism Being Promoted by Conservative Christian Outlets?

Written by Joe Carter

“Socialism,” said Richard John Neuhaus, “is the religion people get when they lose their religion.” While that might have been true in Neuhaus’s day, many young Christians are now attempting to have their faith and socialism too.

I never got the opportunity to meet Fr. Neuhaus. He died in January 2009, two months before I started working as the web editor at the magazine he founded, First Things. I suspect, though, that the staunch advocate of democratic capitalism would be surprised and dismayed to find his publication now has editors who identify as socialist and columnists who claim capitalism is inimical to Christianity.… Continue Reading

Socialism: Pipedream and Reality

Socialism: Pipedream and Reality

Written by Robert Knight

Socialism is still in vogue, regardless of its sorry record all over the world for the last century.  The Free Stuff Army is on the march, especially in the United States.

There’s something about deploying the government as a mugger to obtain the fruits of someone else’s labor that appeals to the worst in us.  But it invariably leads to poverty, dishonesty and even tyranny.

Years ago, I visited Jamaica when it was under a socialist government. … Continue Reading

Socialism Has Failed Spectacularly, But the Young Fans of Sanders Never Got That History Lesson

Written by Thomas Sowell

Many people of mature years are amazed at how many young people have voted for Senator Bernie Sanders, and are enthusiastic about the socialism he preaches.

Many of those older people have lived long enough to have seen socialism fail, time and again, in countries around the world. Venezuela, with all its rich oil resources, is currently on the verge of economic collapse, after its heady fling with socialism.

But, most of the young have missed all that, and their dumbed-down education is far more likely to present the inspiring rhetoric of socialism than to present its dismal track record.… Continue Reading

Following the Piper’s Tune

Written by Charles Battig

While political pundits ponder the reasons for presidential candidate Bernie Sanders’s success with his socialist message among younger voters, they might also consider the “power of myth” as evidenced by human behavior.

Historian Joseph Campbell’s reflections on the topic aired on PBS in the mid-1980s and were later published in 1988 under the title The Power of Myth.  Campbell documented and analyzed recurring basic themes embedded in the folklore and mythology of most every culture…good vs.… Continue Reading

Modified by Matthew Medlen.com