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Reaghan Waites is a second- year law student at Liberty University and an intern at the Civitas Institute in Raleigh, N.C.
Have you ever looked at your paycheck and thought, “Man, I really wish I earned less money!” I’m going to take a wild guess and say, “Probably not.”
Thought - Government - Question
Here’s a similar thought: Do you like big government? It seems like a loaded question, but it really isn’t.
For the vast majority of Americans, a mention of “government” or “politics” doesn’t usually elicit a warm, fuzzy feeling. It’s usually controversial, often divisive. Bring it up at Thanksgiving dinner, and you’ll likely be met with at least one eye-roll.
Money - Fans - Government - Ballots - People
So, for those of us who don’t want less money and aren’t huge fans of big government, why are so many of us casting ballots for people who want us to have just that?
That’s the stark reality of socialism: less money in our wallets and more lining the pockets of congressmen and senators who complain about income equality, all while earning annual salaries of about $175,000.
Criticism - Capitalism - Greed - Socialism - Charity
You’ve probably heard the criticism before: Capitalism is about greed. Socialism is about charity. But the exact opposite is true. It is socialism that inherent fosters greed.
As noted by Andy Puzder, former CEO of CKE Restaurants Holdings Inc., socialism forces individuals to compete for the limited supply offered by the government. It fosters a scarcity mentality, rather than a healthy community mindset.
Capitalism - Hand - Needs - Society - Relationship
Free-market capitalism, on the other hand, is focused on providing for the needs and wants of society, creating a symbiotic relationship between businesses and consumers.
Every credit card swipe is an individual vote determining which businesses succeed and which do not. If a company is not providing value for customers, it will go out of business. That compels entrepreneurs to think of the customer first.
Socialism - System
Generally speaking, socialism is a system in...
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