Capitalism vs Socialism Posted by Kevin Barber — September 8, 2009 @ 10:11PM
Simply put, debating capitalism vs socialism and its derivatives is a larger topic than I can accomplish in any one post. As such, I'm going to start with a couple quotes.
There are essentially two paths for means to production and wealth. One path is capitalism; the other is socialism or its variants. One path recognizes the right of the individual to own their means of production (capital) and keep the fruits of that production (profit), and individuals function as traders within their society. The other enslaves some or all men to others. One is good. The other is evil, and in my opinion quite un-American.
Summary of Socialism: It is the system of the power luster. It usurps power from men, by preying on the envy of others. It also is built on the ideology that you do not have the right to keep the fruits of your labor. You are not entitled to property rights. In my opinion, without the right to own property and keep the fruits of your labor, you are not free.
Philosopher Ayn Rand states more completely:
“There is no difference between the principles, policies and practical results of socialism—and those of any historical or pre-historical tyranny. Socialism is merely democratic absolute monarchy—that is, a system of absolutism without a fixed head, open to seizure of power by all corners, by any ruthless climber, opportunist, adventurer, demagogue or thug.
When you consider socialism, do not fool yourself about its nature. Remember that there is no such dichotomy as “human rights” versus “property rights.” No human rights can exist without property rights. Since material goods are produced by the mind and effort of individual men, and are needed to sustain their lives, if the producer does not own the result of his effort, he does not own his life. To deny property rights means to turn men into property owned by the state. Whoever claims the “right” to “redistribute” the wealth produced by others is claiming the “right” to treat human beings as chattel.”
How are democracy and socialism related?
Post to Twitter