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Capitalism vs. socialism. And the winner is …

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17.05.2019

Medicare-for-all, free college tuition, guaranteed minimum income … if you listen to the far left in American politics today, socialism is bliss, and capitalism is another word for thievery. How wrong they are.

Capitalism and free markets not only made America the greatest country in the world, they are the only way we can stay great -- and they are the only way the rest of the world will enjoy a higher standard of living.

Capitalism works. If you think socialism does too, take a look at North Korea, a socialist nation in which half the population lives in extreme poverty and as many as 120,000 people rot in political prisons. Or Cuba, where socialist policies have people standing in line for hours to buy basic groceries and the government recently started rationing staples like eggs, rice and beans.

The morality and strength of capitalism (or free enterprise, free markets, whatever term you choose for the U.S. economic system) is that it allows people to succeed by meeting the needs and wants of others. People in a capitalist society are constantly trying to come up with ways to make everyone's lives better. The failures critics blame on capitalism are caused........

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