By Michael Todd
Over the past few weeks, I’ve been postulating on the effects of a Biden presidency. During that time, my views on Joe Biden and the Democrat party were repeatedly proven right. I have concluded that the left’s policies are doomed to failure for one simple reason, their socialist utopian fantasy. While many understand this, I believe it goes much deeper than the perpetual allure of a nanny state. It comes down to control and not the well being of those they supposedly want to help.
When speaking about capitalism, the left often classifies it as a system that prays on the weak to enrich the few. But this is not the case, and it shows a lack of understanding of a free-market that is designed to spur innovation and productivity. Capitalism as a mechanism, just like Socialism, that is sometimes captured by special interests while appearing indifferent to the plight of those who don’t succeed. The significant difference is that anyone can innovate and profit from their capitalist ideas, while Socialism controls the market and innovation.
While capitalism does have its flaws, every economic structure has imperfections. The difference is how people within an economic system deal with those shortcomings. This is one of the significant distinctions between capitalism and Socialism. There is a reason Socialism has been tried and failed in 42 countries over the last 100 years. It’s systematic theft of depriving people upward mobility through innovation, and hard work destroys one of the fundamental characteristics everyone shares, human interest. Thus socialized economies suffer from reduced productivity and slowly begin the downward spiral of failure.
The left’s social justice model is one step to understanding their failures. An excellent illustration of this is their push for equity over equality. They argue that we must understand and give people what they need to enjoy full, healthy lives, instead of being given the same opportunity to succeed. In other words, they believe that everyone, regardless of skill and work ethic, should be given the same equitable power, resources, conditions, and outcomes. This will not work because it punishes those that are more productive. While it is an excellent thought where hardship, poverty, and a slew of other problems affecting society magically disappear, it’s not based in reality. It is utopianism that ultimately seeks to change human nature through coercion; therefore, it is doomed to fail.