Ignorance of History Equals Socialism

Socialism ignores the economic idea of incentives. Under capitalism, owners and workers have strong incentives to work hard, increase effectiveness, and produce quality products.

“For decades now, progressives have been situationally leveraging terms and concepts like "diversity," "fairness," and "equality" to iconoclastically chip away at the stained glass windows of American Exceptionalism out of varying degrees of envy and spite, but without a full-throated idea of where things were going beyond that. That's the chaos theory come to life, that is post-modernism. Bernie Sanders knew. He knew all too well. Because sooner or later a generation would be born into that fraud whose entire sense of justice would be born not of whatever remained of the Judeo-Christian tradition, but of moral anarchy and wealth redistribution.” Steve Deace from the Blaze.

Enemies of American Historical Traditions

The Election of 2020 came upon us and the forces of Socialism have come onto the political scenery of American politics once again. Puppet Biden, Bernie Sanders, Ilhan Omar, Rashida Tlaib, Alexandria Cortez, Ayanna Pressley, Pramila Jayapal, Al Green, and Mazie Hirono along with many others in Congress and across the country have embraced a political philosophy that for decades in the twentieth century caused murder, social upheaval, world war, regional war and economic hardships for millions across the globe. From Eugene Debs in the 1920’s, leaders in the Civil Rights Movement of the 1960’s to Bernie Sanders and the Biden administration today, Socialism forces stand as nothing new in the US.

Mark Perry of the American Enterprise Institute writes, “The choice of economic and political institutions is crucial in an imperfect universe with imperfect beings and limited resources. In a world of scarcity, it is essential for an economic system to be based on a clear incentive structure to promote economic efficiency. The real choice we face is between imperfect capitalism and imperfect socialism. Given that choice, the evidence of history overwhelmingly favors capitalism as the greatest wealth-producing economic system available.”

Historical examples of the failures of Socialism have manifested in Eastern Europe, China, Cuba, the old Soviet Union, and Vietnam. Today young college students in the US embrace the ideas of a socialist society because of curriculums which brainwash, through their progressive liberal professors, who in reality want to see the downfall of our economic system of capitalism. The system of capitalism practiced in the US has not been a pure capitalism. Elements of Socialism have been created in the US through welfare systems at the state and federal levels, illegal immigration, public schools, and Medicare, but the achievements and innovations of US capitalism have outweighed Socialist states. Elements of technology, mass production, higher education, farming, retail stores, entertainment industries, transportation systems, military equipment, and engineering have all excelled through the premise of private ownership of capital. 

Photo Credit: Canada Free Press

Socialism v. Capitalism

Socialism ignores the economic idea of incentives. Under capitalism, owners and workers have strong incentives to work hard, increase effectiveness, and produce quality products. By rewarding ingenuity and innovation, the market optimizes economic growth and individual prosperity while providing a variety of goods for consumers.

Perry says, “The strength of capitalism can be attributed to an incentive structure based upon the three Ps: (1) prices determined by market forces, (2) a profit-and-loss system of accounting and (3) private property rights. The failure of socialism can be traced to its neglect of these three incentive-enhancing components.”

Prices under capitalism are a distinctive guide to consumers and producers. When prices go up consumers adapt to the pricing by changing their economic behaviors. For example when gas prices rise consumers may drive less or purchase a more fuel efficient car. Producers are able to research for ways of offering more fuel efficient vehicles to the consumer. 

Profit and loss systems under capitalism enable strong businesses to succeed  through the sheer reality of profit. Profit says that a business model is succeeding through satisfying the wants and needs of the consumer with efficiency and quality goods and services.  However, the government of the United States now promulgates the New Green Deal, forcing fossil fuel companies and other technical industries to abide by burdensome regulations, thus crushing capitalist incentives. Through destructive and unconstitutional executive orders, the Biden administration created policies which suppress the ideas of a free market economy.

The concept of private property is another factor which drives incentives under capitalism. When property is privately owned there is economic motivation to take care of it, especially, when the property is used for business purposes. With public property there is a tendency towards carelessness. There is what is called a “tragedy of the commons” where there is no incentives to take care of the means of production. This is an inherit element of socialism.

According to Perry of the AEI, “Without the incentives of market prices, profit-and-loss accounting, and well-defined property rights, socialist economies stagnate and wither. The economic atrophy that occurs under socialism is a direct consequence of its neglect of economic incentives.”

Researchthe economic disasters of the USSR 1917 to 1991 and the Eastern European satellite countries after World War II. Lack of consumer choice, lack of economic competition, low quality work, and lack of any incentives caused misery for millions of people. On top of those factors there was collectivism and central commands by the government in conflicts over production whether it be guns or butter.

The lack of interest of young people in the study of History which compares the systems of economics along with the causes and effects of these systems coupled with the pure efforts of Math and Science education over History education has left a great gap in the soul of US citizens. The core economic and political philosophies of the US have been relegated to an inferior position among future leaders in this republic. The “easy life” promoted by Hollywood culture and the pursuit of pleasure over the drive for ingenuity as led to Sanders’ support. 

The Coronavirus Pandemic coupled with the election of the master of puppets, Biden, has produced the greatest damage to the American economic system in its history. Biden’s executive orders, which spitefully overturned 21 of Trump’s protective immigration policies, produced most likely by the racist, Susan Rice, head of Biden’s domestic policy team, have illegally caused a literal invasion of the United States. Millions of migrants from over 100 countries have entered the US in the past two years. Next week Title 42 will end. Thousands of illegals, drug dealers, drug traffickers, human traffickers, child traffickers, terrorists, criminals, pedophiles, unskilled workers, and poorly educated people will enter the United States. This will weigh heavily on the welfare system, the educational system, the health care system, housing, poverty, election systems and so many more institutions within the country that American citizens will suffer at the hands of their own government. In the wake of these illegal actions by the elected government, US citizens will lose their protection. The economic foundation of the country will drown in the socialist ideas supported by these illegals. Think of your young child’s future in this country. Think of your grandchildren’s future in this country.

The Biden administration doesn’t care about any of this. Where is the Supreme Court in all of this? Are they deaf and dumb? Under the doctrine of Judicial Review established by Marbury v. Madison, the Supreme Court can review executive actions through statutory law and constitutional law. Biden and Mayorkas’ actions break immigration law everyday. Do something! The country is murdered.

Middle class wake-up and protest.