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What Part Of Socialism Do You Not Understand?

Venezuela's Economy Down 29 Percent In First Quarter
CARACAS, VENEZUELA: Hillside slums are shown. The country’s oil industry, which makes up half of government revenues, fell 46.7 percent. (Photo by Kimberly White/Getty Images)

Most of us have heard the word socialism but might be hard pressed to define what it really means.

Merriam-Webster to the rescue. Their definition is as follows:

Definition of socialism

  1. 1 :  any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
  2. 2a :  a system of society or group living in which there is no private property b :  a system or condition of society in which the means of production are owned and controlled by the state
  3. 3 :  a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done

In other words put your faith in Uncle Sam’s hands because he knows better than anyone else what’s good for you.

I’m from the government and I’m here to help you as the old saying goes. That would be nice if it worked in all cases.

Socialism And Freebies

In European countries workers are taking to the streets to protest the possibility of losing their 30-hour workweek and two months of paid vacation.

In Venezuela people are eating out of dumpsters and rioting in the streets as their socialist led government tries in vain to keep a disastrous economy afloat.

In the Philippines the bulk of their society works for the government that as we all know produces nothing.

When you produce nothing — you also produce no income. Nothing good happens in this world until someone sells something.

Money has to be generated by someone.

The more dependent a society is on it’s governing body the more control that governing body has over society.

Do You Really Want Socialized Medicine?

The VA is a good example of socialized medicine. How many veterans are dying because they can’t get a timely appointment for healthcare?

Is that the group you want paying your hospital bills and determining your level of healthcare?

If single payer health insurance is such a good deal why don’t we have single payer life insurance, car insurance, or home insurance?

Seems like a no brainer to me.

In fact why not a one size fits all policy? Anything you think should be covered by insurance is covered. Just submit your claim and the feds will sort it out for you and reimburse you accordingly.

Hail storm or heart attack it’s covered.

You’re no longer in good hands with Allstate. From now on you’ll be in good hands with Congress.

Some Final Thoughts

As you can see socialism is not a simple subject. What made America great is right from the very beginning they knew that one size fits all wouldn’t work.

The Pilgrims tried it and nearly starved their first winter in the new world. Not everyone gets a trophy, not everyone is equal.

We’re all born equal but after that all bets are off.

Margaret Thatcher is credited with three amazing quotes that sum up this entire train of thought.

She said, “The problem with socialism is that you eventually run out of other people’s money.

There is no such thing as society: there are individual men and women, and there are families.

Being powerful is like being a lady. If you have to tell people you are, you aren’t.

I think she’s right on all three. What do you think?

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