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“Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy.” —Perth, Scotland, 28 May 1948, in Churchill, Europe Unite: Speeches 1947 & 1948 (London: Cassell, 1950), 347.
“The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of miseries.” —House of Commons, 22 October 1945.
Above - Quotes - Sir - Winston - Churchill
Above are two respective quotes of Sir Winston Churchill regarding that collectivist economic model of Karl Marx and Friedrich Engels we call socialism. Just last week, Fox Business news focused their discussions and held a townhall meeting about capitalism and socialism. I would have preferred their using the term free market or free enterprise, but hey, it’s all semantics. However, the progressive, socialist left has done a brilliant job denigrating the term capitalism. What they are directing their angst against is crony capitalism, the use of government policies to favor certain special interests in respective industries. It is not very often we hear individuals explaining how it was President Jimmy Carter’s 1977 Community Reinvestment Act that set the conditions for the 2008 mortgage related financial crisis. What we do hear all too often is that the big banks were bailed out. I will be the first to say that using taxpayer resources to bail out a private sector organization is a violation of free market economics. However, we must also agree that the government leveraging its power, will, and might to create false “rights” is an equally bad policy.
So, last week as I listened to the proponents of socialism and read that our younger generations seem to prefer this economic system, I pondered: how best do we describe socialism? And during my Sunday morning five mile run, it hit me, socialism is the philosophy of the control freaks.
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Measuring his life out one teaspoon at a time.