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Real Socialism-The big utopian lie that brings nothing but misery
Frontpagemagazine ^ | Feb 11, 2021 | John Stossel

Posted on 02/11/2021 7:44:57 AM PST by SJackson

People hate America's big disparities in wealth. It's a reason why, among young people, socialism is as popular as capitalism.

The Democratic Socialists of America want a country based on "freedom, equality and solidarity." That sure sounds good.

But does socialism bring that?

My new video debunks several myths about socialism.

One reason for socialism's continued appeal is linguist Noam Chomsky. For generations, his work has taught students that capitalism is "a grotesque catastrophe."

I assumed the fall of the Soviet Union would put an end to such misinformation. It did — for about a month.

But since then, the lust for socialism has come back strong. Today, Chomsky says that the Soviet Union "was about as remote from socialism as you could imagine."

"Absurd!" responds economist Ben Powell, author of "Socialism Sucks: Two Economists Drink Their Way Through the Unfree World."

When the Soviets made private businesses illegal, says Powell, "that's about as close as the world ever saw" to pure socialism.

Now that the Soviet Union is gone, MSNBC anchor Ali Velshi says, "there is no true socialist country that exists."

No? What about Cuba, China, North Korea, Vietnam and Venezuela?

Velshi didn't respond when we asked him.

Venezuela was once Latin America's richest country. Now it's the poorest. Many in the media claim that its fall has "nothing to do with socialism," just "poor governance."

John Oliver says, "Chavez's programs could have been sustainable if he pursued a sound economic policy."

"Yeah," laughs Powell. "Sustainable if he had a sound economic policy called capitalism."

I push back. "Why does it have to be capitalism?" Why not socialism without bad management?

"That's the nature of socialism!" Powell replies. "Their economic policies fail to adjust to reality because economic reality evolves every day. It's millions of decentralized entrepreneurs and consumers making fine-tuning adjustments."

Powell notes that in our capitalist society, when COVID-19 hit, businesses quickly adjusted. Restaurants switched to takeout and delivery. They built outdoor patios with heat lamps. Supermarkets opened early so the elderly could shop with less risk. Alcohol companies started producing hand sanitizer. Ford used its 3D printers to make face masks.

The media whined about "lack of federal direction," but no central authority could direct all those individual adjustments in thousands of different places. In fact, federal direction would have prevented it.

"In a socialist economy, you get a one-size-fits-all adjustment," adds Powell. "You miss out on this learning process where entrepreneurs copy others when they see things successful and stop doing it when it's not." By contrast, "In a market economy, everybody's little adjustments get tested, and we get to see what works."

In America, Blockbuster video was a great success. But then Netflix offered something better — no driving to a store, no late fees. Because Blockbuster didn't immediately adjust, it went bankrupt.

"In a socialist economy, every adjustment needs to be commanded," says Powell. "Communicate it down and get everybody to do the right thing. That's impossible."

That's why under socialism, shortages are routine. In Venezuela, there's so little food for sale that Venezuelans have lost weight.

Yet, "journalists" at Vox produced a video titled, "The Collapse of Venezuela, Explained," without mentioning socialism even once. Vox's explanation for Venezuela's fall: "Oil prices plummeted."

"The oil price is a complete distraction," says an exasperated Powell. "There's plenty of countries that depend on oil revenue. When oil prices went down, people there didn't start losing weight. That just happened in Venezuela."

Some claim Venezuela and Cuba's people struggle mainly because of America's economic sanctions and embargo.

"They certainly don't help the people," says Powell, "but it's an afterthought as a reason for their suffering."

The U.S. only sanctioned a few Venezuelan officials and their operations — not the country as a whole.

In Cuba, Powell points out: "They drive around 1950s U.S. cars ... but there's no U.S. Navy destroyers prevent Kia, Fiat and whoever else around the world from sending them cars. The reason for their suffering is they have an economic system that can't deliver."

Socialism delivers misery.

Next week, three more myths about socialism.


TOPICS: Editorial; Politics/Elections
KEYWORDS:

1 posted on 02/11/2021 7:44:57 AM PST by SJackson
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To: SJackson
“Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy.”

- Winston Churchill

I believe that at it's heart, it is simply a government manifestation of envy.

2 posted on 02/11/2021 7:48:19 AM PST by Rummyfan (In any war between the civilized man and the savage, support the civilized man. Support Israel.d)
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To: SJackson
Dumb ol’ John Stossel doesn’t realize that although socialism has always failed in the past, this time it will be different.


3 posted on 02/11/2021 7:54:00 AM PST by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: SJackson
Many in the media claim that its fall has "nothing to do with socialism," just "poor governance."

Poor governance is a feature of socialism. Thus, the failure of a socialist dictatorship to deliver anything but misery is an inevitable outcome.

"In a socialist economy, you get a one-size-fits-all adjustment," adds Powell.

Socialism is fundamentally a one-size-fits-all "solution." Leftists love to list problems that they believe show that capitalism doesn't work, and the answer is *always* socialism. Kids in slums don't get good educations? Socialism. There is pollution in the air? Socialism. There is a gender gap among CEOs? Socialism. A disease outbreak in China became a pandemic? Socialism.

It does not matter what the problem is, socialism is always the answer. How or why socialism is supposed to fix the problem is never explained. Also, whether the problem is even real or it's a result of some leftist's fevered pipe-dream is never explained, either.

Even if one disregards the mass murders that always go hand-in-hand with socialist consolidation of power, socialism has the property of wounding the soul. Socialism never celebrates beauty, it just reduces people to functional units whose only value is in their service to the state (i.e. the dictators in charge). I saw this when I visited Mongolia--a country with a vibrant past, whose people were smothered by 70 years (give or take a few) of Soviet socialism.

4 posted on 02/11/2021 8:08:36 AM PST by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org)
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To: exDemMom

The theory is that the government has the resources to help everybody with everything. But the human needs are infinite too. Government cannot help with everything.
Government is composed of people, who, rather than helping fellow man are interested in keeping their job, fight the turf wars and do as little as they need to.
The socialists always somehow miss that all new things are accomplished by individual who sees something, and goes for it. Government is actually uberconservative, it never innovates.
And, when the socialists inevitably fall back, left behind in the dust, they finally start the old excuse - great idea, bad people in charge. But WE will be different. Guess what, the WILL NOT!


5 posted on 02/11/2021 9:45:25 AM PST by AZJeep (https://www.youtube.com/watch?v=O0AHQkryIIs)
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To: SJackson

>>Real Socialism-The big utopian lie that brings nothing but misery<<

Keep that in mind during the next 4 years.


6 posted on 02/11/2021 10:16:42 AM PST by 353FMG
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To: SJackson
Socialism is fine for the folks who do the re-distribution of other folks' possessions and labor. Great scam for a putative ruling class. Not so much for the rest of us.

Put simply, capitalism allows the productive to produce, and socialism discourages it by placing a premium on need. It's a losing strategy, every time.

7 posted on 02/11/2021 10:22:57 AM PST by Billthedrill
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To: AZJeep
The theory is that the government has the resources to help everybody with everything.

Isn't that the Cloward-Piven strategy? Their idea was to teach people that government has bottomless resources, with the goal that as many people would be made dependent as possible on government. Of course, the rest of the strategy that is never mentioned by most adherents of socialist ideology, is that the government will collapse under the strain of trying to provide for tens/hundreds of millions, and a new utopia will magically arise. Cloward and Piven never really gave details on that last bit, how it would happen.

8 posted on 02/11/2021 10:32:45 AM PST by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org)
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To: exDemMom

You right. And it seems to be working. Our government is heading for bankruptcy.
But when that will happened, as history teaches us, all the parasites will have to be let loose and forced to tend for themselves. No utopia.
That may be actually good?!


9 posted on 02/11/2021 4:14:13 PM PST by AZJeep (https://www.youtube.com/watch?v=O0AHQkryIIs)
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