Interesting article...
https://www.realclearmarkets.com/ar...e_that_wealth_creation_is_a_given_103668.html
The currently popularized versions of the left and the right are really reversals of reality.
The capitalism of the right is anything but an ossified outdated system. It is actually a dynamic one in which competition demands and rewards continual progress. It remains the most successful economic one in human history, as well as the most productive of equality.
The socialism of the left is anything but progressive and vibrant. It is actually an extremely regressive system that becomes ever more moribund the further it is followed. Lacking competition, it demands conformity and rewards based on subjective political criteria, not objective economic performance. Regardless of its refurbished trappings, it is a continual throwback to its universally unsuccessful forebears. Like them, it replicates one of the least successful economic models in human history, and any social equality it does achieve is never more than that of poverty and misery.
The truth that popular imagery is reversed can clearly be seen by looking back. Simply compare capitalism to what preceded it and socialism to its own past. For contemporary proof, simply examine: Which moves faster — the public or private sector? Which performs better?
There is a reason why the left requires government power to enforce its desired outcomes. Equally, there is a reason why the right’s most common desire is for government to leave it alone. It was known as laissez faire capitalism for a reason. And there is a reason why the left sees the world as victimized by power: Because their own systems inevitably can exist no other way than to victimize others.
https://www.realclearmarkets.com/ar...e_that_wealth_creation_is_a_given_103668.html
The currently popularized versions of the left and the right are really reversals of reality.
The capitalism of the right is anything but an ossified outdated system. It is actually a dynamic one in which competition demands and rewards continual progress. It remains the most successful economic one in human history, as well as the most productive of equality.
The socialism of the left is anything but progressive and vibrant. It is actually an extremely regressive system that becomes ever more moribund the further it is followed. Lacking competition, it demands conformity and rewards based on subjective political criteria, not objective economic performance. Regardless of its refurbished trappings, it is a continual throwback to its universally unsuccessful forebears. Like them, it replicates one of the least successful economic models in human history, and any social equality it does achieve is never more than that of poverty and misery.
The truth that popular imagery is reversed can clearly be seen by looking back. Simply compare capitalism to what preceded it and socialism to its own past. For contemporary proof, simply examine: Which moves faster — the public or private sector? Which performs better?
There is a reason why the left requires government power to enforce its desired outcomes. Equally, there is a reason why the right’s most common desire is for government to leave it alone. It was known as laissez faire capitalism for a reason. And there is a reason why the left sees the world as victimized by power: Because their own systems inevitably can exist no other way than to victimize others.
