Sunday, March 21, 2010

Socialism vs. Capitalism: The Critical Distinction ...In A Nutshell

by John G. Harris

"Because Socialism Redistributes The Wealth That Capitalism Creates..."

 

...Socialism is NOT an Economic System.  

Socialism CANNOT create jobs, opportunity or wealth on its own. Instead Socialism confiscates the wealth that Capitalism creates in order to redistribute it. 

Capitalism, on the other hand, creates wealth and is therefore a viable Economic System which has, over time, increased living standards and the quality of life. 

Socialism, instead, is a POLITICAL System, NOT an Economic System because Socialism DOES NOT create an economic benefit in, of, or by itself. 

Instead 
Socialism serves as a parasite - by virtue of  Socialism's confiscation and redistribution of the wealth that Capitalism creates. 

Capitalism, which is rooted in liberty and freedom of choice, is Economically Motivated. 

Socialism, which can only succeed by engaging in the imposition of coercion, is Politically Motivated, serving as political tool to restrict freedom and concentrate power by force.

In sum, because it's a parasite, 
Socialism CANNOT subsist on its own - NOT without its host - Capitalism - which provides its sustenance.

"Parasitism
 is a type of symbiotic relationship between two different organisms. The parasite benefits from a prolonged, close association with the host, which is harmed."

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