Authored By New Guard Staff
November 05, 2019
Progressives argue that socialism is benevolent, while capitalism is based on greed and avarice. Actually, it’s the opposite.
Socialism is based on greed. Capitalism is based on meeting the needs of others.
In a capitalist society, consumers control the economy. They vote with every dollar they spend as to whether or not a business will succeed or fail. In a socialist society, individuals are focused on their own needs because they are competing for a limited supply of benefits that the government makes available.
Whether it is a food line or medical care, socialists are only concerned with what they get, not with the welfare of others. Socialists gain wealth by satisfying the needs of the government elite. The government elite control the economy, not ordinary people and not consumers.
Socialism focuses on the individual. Capitalism focuses on meeting the needs of consumers.