Today, Socialism is presented as the solution to corruption and inequality, yet we see quite the opposite. While it guarantees equality, an abundance of services, and protection, it ends up presenting tyranny, distress, and poverty. Technically, equality is reached, but only in the sense that everybody was equal in their own misery. Socialism is really just a pyramid scheme and is not sustainable because it's based on flawed principles. Socialism doesn't work because it's inconsistent with the fundamental principles of freedom. The failure of socialism in nations around the globe can be traced to one crucial flaw: it's a system that blows off motivators.

Fidel Castro

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Wealth Creation

Powerful financial growth in the private sector is what creates tax revenue, jobs and an improved standard of living for everybody, including the middle-class and the poor. Whenever you steal from successful individuals to give the poor, you motivate more individuals to take advantage. This in itself naturally reduces the number of productive individuals. Socialism provides less freedom of choice, competition, and lower quality services. Also, consider that when the government runs out of tax money to pay for the socialized programs they need to generate currency in other ways. Typically they will print the money, but they may also borrow money. When governments print the money each bill in circulation loses value. Even though people may be getting the same amount of money each week the inflation will cause higher prices. We could prevent inflation by allowing currencies to compete with each other such as gold, silver, steem, bitcoin, etc.

Vladimir Lenin

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Will

Unless there was satisfactory incentives, people will normally not perform any action of work. Ironically, some of the most unproductive people work for the government. Motivation is essential to a free market system: really the whole essence of a free market economics is to supply a connected structure of incentives, which drive the economic framework of the country. Under the free market economic model, being free to create any product or service without interference from the government always provides the most efficient and innovative products and services. It also keeps people competing to provide the best solutions. With freedom, people are enabled to obtain real value from the fruits of their labor.

Joseph Stalin

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Steemit and Socialism

Steemit is the perfect example of freedom. On this platform I am incentivized to provide the best quality content, maintain a positive reputation, and to be honest I probably wouldn't be here without that incentive. Imagine what Steem would be like if no matter what content was posted to the community, everyone always earned the same amount. The quality of the work would drastically be reduced. I wouldn't spend time on putting out quality work because I know that I would always receive the same amount of Steem. Another incentive to provide quality work is reputation. People want a good reputation because they have an incentive to gain more followers, earn more money, and become successful. These same principals apply to business. As long as a business is not able to get advantages over the competition from the government, they will always provide the best product at the lowest price. The way we stop lobbying to congress is to decrease the amount of power the government has. If the government didn't have much power, they would not be able to sell it to corporations. This is what the founding fathers of the United States inteneded.

Mao Zedong

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Freedom

Housing is a fundamental human desire, and several people in a free market system have said that the most joyful day of their life is the day when they burned their mortgages and therefore possessed their homes free and clear. Incentives under socialism are almost non-existent. When you have a country where the State owns all property, there are no means for the common person to construct security at all. People become slaves to the state and have no reason for self-determination. When the government owns everything the quality is reduced because they have no motivation to provide otherwise. We can see this happening today with Obamacare and more social programs. I read a statistic that said 50% of households are now collecting some sort of welfare from the government. Socialized programs punish people for being productive and reward people for being unproductive.

Che Guevara

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Tyranny

Socialism seems to attract tyrannical leadership. There have been many socialist governments that caused much harm to their people. Millions of innocent citizens have been murdered at the hands of their governments. People have had to wait very long periods of time receive medical attention, food, clothing, and many other goods that are essential to our survival. The socialist system cannot work without the use of force. Governments have no money so they literally have to steal from people to give to others. Socialism definitely isn't a new idea and it has failed completely on numerous occasions.

Quotes from American history

“A wise and frugal government… shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government.”
Thomas Jefferson, First Inaugural Address

“Beware the greedy hand of government thrusting itself into every corner and crevice of industry.”
Thomas Paine

“When the people find that they can vote themselves money, that will herald the end of the republic.”
Benjamin Franklin

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Sincerely Yours,

@johnnyyash