Capitalism Versus Socialism

Socialism will destroy the economy and our freedoms. When the forest dies, so do all the trees. Capitalism strengthens both the forest and the trees.

Master Investor
June 15, 2021

We need to fight.

We need to fight back against the misconceptions about what capitalism is and what socialism is. We have found America is dangerously uniformed.

We need to fight, not with weapons but with real financial education, financial education not taught in our schools.

The problem is most people do not know the differences between socialism and capitalism. Most people have not studied economists such as Marx, Keynes, Mises, Rand, or socialist dictators, such as Hitler, Lenin, Mao, or Stalin. Most people are unaware of a global chess game, a battle for economic power, control, and dominance of the world.

This global financial and philosophical chess game is being fought at home, on faraway lands, across oceans, space, and in social media.

America is still a free country, and in a free country, a person is free to choose their political/economic philosophies. That freedom has not been taken away...yet.

Master Investor’s Tribe choose to be a free market capitalist. That is why we chose to follow in the rich footsteps, not the poor.

The poor chose to ask the government to make their decisions. We chose to produce and profit for the betterment of ourselves and this country.

Today, the question is, do we want to be a socialist, or a capitalist?

Capitalism or socialism — I decide

If we are capitalists and tired of being lied to… tired of having our freedoms taken away… and are willing to stand up and fight for our democracy, not with weapons… but with real financial education… please read on.

The difference between Capitalism and Socialism are great.

There are no socialist countries in Western Europe. Most are just as capitalist as the United States. The only difference—and it’s a big one—is that they offer more government benefits than the U.S. does.

We can argue about the costs of these benefits and the point at which they reduce individual initiative, thus doing more harm than good. Scandinavians have been debating those questions for years. But only a free-market capitalist economy can produce the wealth necessary to sustain all of the supposedly “free stuff” Europeans enjoy. To get the “free stuff,” after all, you have to create enough wealth to generate enough tax revenue to pay for everything the government gives away.

Without capitalism, we are Venezuela.

In a 2015 speech at Harvard, Denmark’s prime minister took great pains to make this point:

“I know that some people in the U.S. associate the Nordic model with… socialism, therefore I would like to make one thing clear. Denmark is far from a socialist planned economy. Denmark is a market economy.”

So when you point to Denmark as a paragon of socialism, we are really singing the praises of capitalism.

The more capitalism, the less “socialism” you need. Look at America since 2017. A policy of lower taxes and less government regulation (that’s more capitalism) has led to a robust economic expansion, something thought impossible just a few years earlier. Unemployment, notably among minority groups typically most at risk for poverty, is at a generational low. Economic expansion gets people off welfare and into work (that’s less “socialism”).

None of this requires a degree in economics. Common sense is all you need. That’s why it’s so frustrating to see young people praising socialism and criticizing capitalism. It’s bad enough that they’re working against their own interest—better job prospects, better wages, personal freedom—but they are also working against the interest of the less fortunate.

Capitalism leads to economic democracy. Socialism leads to the economic dictatorship of the elite. Always. And everywhere.

So, beware what we ask for. We just might get it.

So, am I a capitalist or a socialist?

I encourage us to watch Master Investor’s video on Instagram and take massive action. Click here to follow. It is the best financial education we may ever get.

To me it is simple, real socialist economics is “Take from the Rich.” Even if it kills.

A real financial education explains why socialism kills people, through poverty and a weakening of their spirit.

There is a saying, “We can’t see the forest for the trees.” This is an expression used to describe someone who is too involved in the details of a problem…and cannot see the big picture. I fear this is the case with socialism.

People are seeing problems in their world and demanding small, temporary fixes. This is the trees. What needs to be addressed and strengthened is the economy. The economy is the forest.

Socialism will destroy the economy and our freedoms. When the forest dies, so do all the trees. Capitalism lifts both up. As the forest strengthens, the trees flourish.

The global socialist economic strategy is more obvious to those who have run from a socialist country. We have friends who ran from Cuba, Zimbabwe, Venezuela, or socialist states such as California, New York, Illinois, Oregon, New Jersey, and Hawaii. These people fear Socialism.

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