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So, I have an idea in my head...
That idea could potentially (a) improve the quality of life for many people, (b) provide thousands of jobs for people, and (c) increase the wealth of our country.
Now, for me to give up my current, safe occupation to pursue this idea will be a risk. Risk costs. I must have some promise that the wealth generated by my idea will more than compensate for the loss of my current, safe occupation.
Profit is thus the cost of my risk.
Now, when the government imposes taxes on those profits, under the demogogic claim that I am "the rich who has not paid my fair share," all that does is tell me, "The risk is no longer worth it." I do not pursue my idea. Quality of life is not improved. Jobs are not created.
But here's the thing...
No one knows it. If an idea falls in the woods, and no one hears it, was the idea there in the first place? Who knows. It doesn't matter.
But in real terms, the real money has indeed been spread around. So the poor feel better about it, because they have indeed gotten that $3,000 check from the Feds.
They are not able to fathom that they COULD have been employed by me for ten times that much or more, because I would need someone to help put my idea into production.
Which leads to a simple conclusion: Capitalism, while far more rational, is monumentally more difficult to fathom. Socialism, while fare more irrational, works as excellent demagoguery.
History shows that capitalistic societies have increased wealth. It's not a pie at all, as if the West got rich by stealing from the East, or Africa. The pie gets bigger and bigger. Capitalism has shown to be the single system that provides opportunity for a people. Bar none. This is not even open to debate. It's so clear its like arguing that freedom of religion is better in America than in Iran.
Economics shows that capitialism is the most rational. And recent history has shown that the economy expands when taxes are lowered.
Social history shows that collectivism can only advance when some basic rights are taken away, and that extreme forms of collectivism results in stacks of bloody corpses.
It all is so obvious, rational, and clear. Why, then, are we surrounded by so many fools?
The only conclusion is that Alinsky was correct. The battle of the Left will only be won as they do their "long march through the institutions."
That having been done, we have a body politic full of ignorant citizens, who do not know history, certainly not economics, or civics.
It's quite sad.
That idea could potentially (a) improve the quality of life for many people, (b) provide thousands of jobs for people, and (c) increase the wealth of our country.
Now, for me to give up my current, safe occupation to pursue this idea will be a risk. Risk costs. I must have some promise that the wealth generated by my idea will more than compensate for the loss of my current, safe occupation.
Profit is thus the cost of my risk.
Now, when the government imposes taxes on those profits, under the demogogic claim that I am "the rich who has not paid my fair share," all that does is tell me, "The risk is no longer worth it." I do not pursue my idea. Quality of life is not improved. Jobs are not created.
But here's the thing...
No one knows it. If an idea falls in the woods, and no one hears it, was the idea there in the first place? Who knows. It doesn't matter.
But in real terms, the real money has indeed been spread around. So the poor feel better about it, because they have indeed gotten that $3,000 check from the Feds.
They are not able to fathom that they COULD have been employed by me for ten times that much or more, because I would need someone to help put my idea into production.
Which leads to a simple conclusion: Capitalism, while far more rational, is monumentally more difficult to fathom. Socialism, while fare more irrational, works as excellent demagoguery.
History shows that capitalistic societies have increased wealth. It's not a pie at all, as if the West got rich by stealing from the East, or Africa. The pie gets bigger and bigger. Capitalism has shown to be the single system that provides opportunity for a people. Bar none. This is not even open to debate. It's so clear its like arguing that freedom of religion is better in America than in Iran.
Economics shows that capitialism is the most rational. And recent history has shown that the economy expands when taxes are lowered.
Social history shows that collectivism can only advance when some basic rights are taken away, and that extreme forms of collectivism results in stacks of bloody corpses.
It all is so obvious, rational, and clear. Why, then, are we surrounded by so many fools?
The only conclusion is that Alinsky was correct. The battle of the Left will only be won as they do their "long march through the institutions."
That having been done, we have a body politic full of ignorant citizens, who do not know history, certainly not economics, or civics.
It's quite sad.
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