There is much ado these days about the "need" for America to become more socialistic in nature, "for the betterment of the world." As "world citizens", some believe we have an obligation to lower our own standard of living in order to share with others, and raise them up. Level the field. Redistribute the wealth.
The theory almost sounds logical - until you actually THINK about it.
The first law of nature is "survival of the fittest." Survival of the strongest, to perpetuate the race. When we strive to weaken ourselves in an effort to strengthen others, we only serve to weaken the entire race.
Think about this for a moment: In what counties have almost all innovations and progress in technology, medicine, food and every other area of life come from?
They have all come from CAPITALIST countries. No socialist country has ever been able to contribute substantially to the greater good because their resources are so thinly spread out (wealth redistribution), and incentive is non-existent. After all, why try harder, work harder or think harder if you are only going to end up with the same as the lazy oafs who contribute little or nothing? In a socialist state the incentive is gone.
And there are no "rich" people to invest in research and development of products and services. In capitalist nations, there is great incentive and competition because there is the promise of wealth and prosperity for those who achieve. And it is that competition and incentive that begets innovation. Had it not been for Capitalist America, the world would be far worse off. Even the poorer people and nations would be worse off. Our capitalism gave birth to the innovations that raise us all.
Yes, the poor are still with us, but they are not AS poor, thanks to our capitalistic nature. Capitalism has given rise to great and powerful medicines and technology, and even the poor tend to own cellphones and computers.
No, America does not need to lower itself with socialism in order to make the world better.
Instead, we need to strengthen our capitalist free markets that encourage entrepreneurship and innovation, because it is only through those that we can raise up the standards for all people.
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Wednesday, December 30, 2009
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Hi Bill, I just experienced your website for the first time. I wanted to thank you for your ideas, and the plain and easy to understand way that you explain them. Thanks, Dave
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