Summary:
Capitalism Doesn’t Make Us Rich, and Socialism Doesn’t Make Us Poor — Socialism Makes Us Rich, and Capitalism Makes Us Poor. I agree with Umar, social democracy (he calls it socialism) has liberated Europeans. The liberty Ron Paul talks about is the freedom of the few to be able to exploit and enslave the many. In Europe, though, the story was very, very different. Socialism, not capitalism, organized the provision of the essentials of life — and both paid people fairly and protected them carefully, in the very jobs of providing things like healthcare, education, finance, retirement, media, transport, and childcare to one another. The result is that people grew richer over time. Their incomes grew into accumulated savings, and their net worth rose. They began to live with a
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Capitalism Doesn’t Make Us Rich, and Socialism Doesn’t Make Us Poor — Socialism Makes Us Rich, and Capitalism Makes Us Poor. I agree with Umar, social democracy (he calls it socialism) has liberated Europeans. The liberty Ron Paul talks about is the freedom of the few to be able to exploit and enslave the many. In Europe, though, the story was very, very different. Socialism, not capitalism, organized the provision of the essentials of life — and both paid people fairly and protected them carefully, in the very jobs of providing things like healthcare, education, finance, retirement, media, transport, and childcare to one another. The result is that people grew richer over time. Their incomes grew into accumulated savings, and their net worth rose. They began to live with a
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Capitalism Doesn’t Make Us Rich, and Socialism Doesn’t Make Us Poor — Socialism Makes Us Rich, and Capitalism Makes Us Poor.
I agree with Umar, social democracy (he calls it socialism) has liberated Europeans. The liberty Ron Paul talks about is the freedom of the few to be able to exploit and enslave the many.
In Europe, though, the story was very, very different. Socialism, not capitalism, organized the provision of the essentials of life — and both paid people fairly and protected them carefully, in the very jobs of providing things like healthcare, education, finance, retirement, media, transport, and childcare to one another. The result is that people grew richer over time. Their incomes grew into accumulated savings, and their net worth rose. They began to live with a genuine feeling of safety and security and happiness. Europeans were liberated — not immiserated.
Hence, today, most Europeans look at Americans, and can’t bring themselves to imagine — really, can’t quite understand — how someone in a nominally rich country would have to choose between their own chemotherapy or insulin, or their childrens’ healthcare, food, or shelter.
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