“Socialism is on the way, get set for Sweden on steroids.” -- (Bill O’Reilly on the upcoming presidential election.)
There’s no doubt about it, socialism is on the rise in the United States of America. Its popularity is growing the most among younger generations. According to a Harris poll, unbelievably half of American Millennials and those belonging to Generation Z say they would prefer to live in a socialist country. Even more concerning, the growing general support around socialism is fueling policy proposals—including healthcare for all and the Green New Deal.
Conversely, the free-market system has been the biggest creator of wealth and prosperity the world has ever known. According to the Job Creators Network, capitalism has lifted billions of people out of poverty and is far more superior than any government program ever could be.
This new small business advocacy organization has launched a campaign to teach the truth about socialism. According to the Job Creators Network website, “Too many people don’t understand that the American dream cannot exist in a socialist country. While some may say socialism is well intentioned, the fact is it robs people of their independence, their dignity and their finances. Socialism leads to government dependence, suppression of ideas, and lower standards of living for those under its thumb.”
Troy Vincent, energy economics consultant and writer maintains, “There is no more recent example of the many theoretically apparent pitfalls of socialism coming to life than in Venezuela.” Vincent says the South American nation is the latest example on the long list of countries to have fallen victim to the false promises of a socialist utopia.
Vincent explains that while journalists and activists like Michael Moore, politicians such as Bernie Sanders and various liberal economists have praised the socialist economic miracle in Venezuela -- with hyperinflation now leading to starvation and millions fleeing the country -- “it is inarguable that these praises were premature and wholly unwarranted.”
Enrique Padron grew up in Cuba under Fidel Castro’s regime. He later escaped to the United States. Padron risked his life to live in a free society with a free market. In a Job Creators Network video, Padron warned, "The problem in socialist Cuba is we didn't have freedom. You cannot pick against the government. You cannot even go to church. In 1994 I jumped in a boat with 20 other Cubans looking for freedom. We made it to the United States. ... I have had so many opportunities like being an owner of two restaurants, international sales manager for a company traveling the world and ... working for a United States congressman. ... Any of these opportunities wouldn't be possible in Cuba."
Austrian-British economist and philosopher Friedrich Hayek once warned, “Socialism, while presented as a means of assuring equality, does so through ‘restraint and servitude’, while ‘democracy seeks equality in liberty’."
Now more than ever, it’s vital for families, educators, business and civic leaders to instruct the rising generation about what socialism really is and why it has no place in our country. Future leaders must learn why short-term gains like free education, free healthcare, free stuff, etc. eventually disappears. The road to socialism eventually leads to long-term damaging consequences such as loss of freedoms, freedom of religion, speech and loss of economic opportunity.
Sources Cited
Donald J. Trump, RIP?
Socialism Takes, Capitalism Creates Website
https://capitalismcreates.com/
Venezuela: Poster Child for Socialism, by Troy Vincent
https://mises.org/wire/venezuela-poster-child-socialism
Socialism Takes: Enrique Padron
https://www.youtube.com/watch?v=jMO6nyL-U50&feature=emb_title
The Road to Serfdom
https://en.wikipedia.org/wiki/The_Road_to_Serfdom#cite_note-17
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