Is capitalism moral or greedy?
Posted by Dennis Prager on Monday, September 14, 2015
Showing posts with label Socialism. Show all posts
Showing posts with label Socialism. Show all posts
Friday, September 18, 2015
Wednesday, August 26, 2015
Wednesday, August 19, 2015
Friday, August 10, 2012
Thursday, May 13, 2010
Quote of The Year: The Champions of Socialism...
"The Champions of Socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and by a resistance to every kind of improvement.
They call themselves liberals, but they are intent upon abolishing liberty.
They call themselves democrats, but they yearn for dictatorship.
They call themselves revolutionaries, but they want to make the government omnipotent.
They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but a subordinate clerk in a bureau. What an alluring utopia! What a noble cause to fight!
Against all this frenzy of agitation there is but one weapon available: Reason. Just common sense is needed to prevent man from falling prey to illusory fantasies and empty catchwords."
From "Bureaucracy" by Ludwig von Mises (1944)
They call themselves liberals, but they are intent upon abolishing liberty.
They call themselves democrats, but they yearn for dictatorship.
They call themselves revolutionaries, but they want to make the government omnipotent.
They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but a subordinate clerk in a bureau. What an alluring utopia! What a noble cause to fight!
Against all this frenzy of agitation there is but one weapon available: Reason. Just common sense is needed to prevent man from falling prey to illusory fantasies and empty catchwords."
From "Bureaucracy" by Ludwig von Mises (1944)
Friday, March 26, 2010
Economics Class Experiment - How Socialism Destroys Human Progress
A common-sense, real-life example of why Socialism is morally bankrupt, conceptually bankrupt and inherently flawed...
Economics Class Experiment - How Socialism Destroys Human Progress
An economics professor at Texas Tech said he had never failed a single student before but had, once, failed an entire class.
The class had insisted that socialism worked and that no one would be poor and no one would be rich, a great equalizer.
The professor then said, "OK, we'll have an experiment in this class on socialism."
All grades would be averaged and, therefore, everyone would receive the same grade.
That way no one would FAIL, and no one would receive an A.
After the 1st test the grades were averaged and everyone got a B. The students who studied hard were upset, and the students who studied little were happy.
But, as the 2nd test rolled around, the students who studied little had studied even less and the ones who studied hard decided that since they could not make an A, they studied less, too.
The second test average was a D!
No one was happy.
When the 3rd test rolled around and the average was an F.
The scores never increased. Bickering, blame, name calling all resulted in hard feelings.
No one would study solely for the sake of anyone else.
To their great surprise, everyone failed.
The professor told them that socialism would ultimately fail, too, because it's not conducive to human nature or the natural order of the human condition.
He pointed out that we're not born with equal talents, abilities or deficiencies and that socialism cannot succeed because it fails to acknowledge that human beings possess different strengths, weaknesses, talents, needs, wants, desires, etc.
People will aspire to succeed if they are rewarded for their efforts. But when government punishes achievement (and rewards lack of achievement) by confiscating from the achievers and redistributing the rewards to those who haven't earned it, no one in their right mind will make the sacrifices necessary to succeed.
That's how Socialism - which sounds so benevolent and harmless in theory - in reality discourages excellence, sabotages achievement and retards human progress.
Economics Class Experiment - How Socialism Destroys Human Progress
An economics professor at Texas Tech said he had never failed a single student before but had, once, failed an entire class.
The class had insisted that socialism worked and that no one would be poor and no one would be rich, a great equalizer.
The professor then said, "OK, we'll have an experiment in this class on socialism."
All grades would be averaged and, therefore, everyone would receive the same grade.
That way no one would FAIL, and no one would receive an A.
After the 1st test the grades were averaged and everyone got a B. The students who studied hard were upset, and the students who studied little were happy.
But, as the 2nd test rolled around, the students who studied little had studied even less and the ones who studied hard decided that since they could not make an A, they studied less, too.
The second test average was a D!
No one was happy.
When the 3rd test rolled around and the average was an F.
The scores never increased. Bickering, blame, name calling all resulted in hard feelings.
No one would study solely for the sake of anyone else.
To their great surprise, everyone failed.
The professor told them that socialism would ultimately fail, too, because it's not conducive to human nature or the natural order of the human condition.
He pointed out that we're not born with equal talents, abilities or deficiencies and that socialism cannot succeed because it fails to acknowledge that human beings possess different strengths, weaknesses, talents, needs, wants, desires, etc.
People will aspire to succeed if they are rewarded for their efforts. But when government punishes achievement (and rewards lack of achievement) by confiscating from the achievers and redistributing the rewards to those who haven't earned it, no one in their right mind will make the sacrifices necessary to succeed.
That's how Socialism - which sounds so benevolent and harmless in theory - in reality discourages excellence, sabotages achievement and retards human progress.
Monday, March 22, 2010
Socialism: Ayn Rand's Definition...
"Socialism is the doctrine that man has no right to exist for his own sake, that his life and his work do not belong to him, but belong to society, that the only justification of his existence is his service to society, and that society may dispose of him in any way it pleases for the sake of whatever it deems to be its own tribal, collective good."
- Ayn Rand
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..."
"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.
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."
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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