Crony Socialism

Most of us must have heard or seen the propaganda regarding the evils of capitalism.

There is a huge disconnect when it comes to the understanding of the meaning of capitalism, for the most part people look to banks and massive corporations and blame these problems of inequality on capitalism. Capitalism is just an economic system based upon private ownership of the means of production and their operation for profit. This is nothing more than an extension of the fundamentals of property rights.

Where the problem begins is when government perverts this simple concept, by allowing some companies to have special rights in exchange for a monetary incentive. The root cause of this is due to a more socialist government, which tries balance inequality by violating property rights.

Socialism is a economic and social system characterized by social ownership and democratic control of the means of production. Which basically means that government is in control and can dictate to private people and corporations, or to be more accurate a small group of people called politicians. Politicians sell people the idea that everyone should be equal, which is impossible to do, we can not affect of force equality of outcome. This allows them to imposes laws that favor specific companies like for example banks.

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"Let me issue and control a nation's money and I care not who writes the laws." - Mayer Amschel Rothschild

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"Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I intend to rout you out, and by the Eternal God, I will rout you out." - Andrew Jackson

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Capitalism is freedom that let's ownership and the free market dictate the market and economy. Socialism is to a degree a logical fallacy because there needs to be a control and governance of the of the collection and redistribution of property. This is done by implementing laws by the rulers which negates the ownership rights. You should not take which is not yours, but those who govern are allowed to do so. This is also why this system will never work and also has never work, and can only function by implementation of force.

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"There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt." - John G. Adams

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You're either laughing or you're learning.

Join me tomorrow for more lessons on these really easy to understand concepts.

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