Doctor Strangepath or How I Learned to love Socialism

http://dailyreckoning.com/the-problem-with-socialism/

"But the path to wealth through socialism is not so clearly seen. As a
matter of fact, it is more like a path to nowhere. Because socialism
denies the capitalistic importance of these four pillars: wealth,
time, leverage and other people?s money. Instead, they corrupt them to
their own destructive ends.

Any socialist will tell you wealth is important. As a matter of fact,
that is the big carrot held out to entice people to follow such a
muddleheaded plan. They will also tell you that time is important. Not
because you need it to build wealth, but because you need it to spend
wealth. In other words, the here-and-now is what is of the utmost
importance. And you must be rich now, in order to enjoy what time you
have here!

Leverage is also important to the socialist. As poor men manage their
wealth very poorly (but seem to know instinctively how to manage their
ballot), it is imperative to leverage out the efforts of the poor man
into large voting blocks. One poor man cannot get a candidate into
office. But 100,000 of them, that?s a horse of a different color.

Finally, we have the socialist?s take on other people?s money. They
love it. They covet it. And they?ll do anything to get it. Obviously
it is impossible to enrich the poor men who voted for them with the
candidate?s own money. This is why other people?s money is so
critically important. Unfortunately for them, they have forgotten the
words of U.K. Prime Minister Margaret Thatcher, who said, ?The problem
with socialism is that you eventually run out of other people?s
money.?

Whether she actually believed that or not is a question for another
day. But it still has the ring of an eternal truth.

My uncle?s understanding of other people?s money was that it could be
used to make money for himself. And he was right. But here is a key
difference. The ?other people? in my uncle?s life lent him that money
VOLUNTARILY, not because they were coerced. And they expected a real
cash return on their funds, not just the ?warm feeling? that comes
from being forced to help an indolent person by way of government-run
charity!

Because socialists reward those who treat money poorly and penalize
those who treat money well, the system will never work. True,
advocates of wealth redistribution can point to circumstances where it
did ?work,? and where it does ?work? from time to time (if only for a
limited time). But I can also point to circumstances where the laws of
gravity are temporarily suspended, such as when I get on a plane.

But even God will not help me if I just assume because I can fly for a
few hours from here to there that I can fly forever. At some point my
plane has to come back to the ground. At some point the laws of
gravity will resume their authority, and I will realize that my flight
and my violation of gravity?s laws are coming to an end.

Capitalism is a law established by God, just like gravity. Its
foundation is in the 9th Commandment, ?Thou shalt not covet.? I am
never free to desire to take what is my neighbor?s. Not his wife. Not
his house. Not his lands. Not his possessions. I can trade him for
them if I have something he wants more than what he has. (Except his
wife, of course?) I can buy them from him if my offer is right. But I
cannot steal (or vote) away his property into my account. That is not
wealth creation; it is merely re-distribution. God condemns it, and He
will not be mocked by those who think that they can make socialism
?fly? forever.

Eventually, they will run out of other people?s money. And when they
do, their plane will come crashing to the ground.

One more thing. All around us, we see the widespread push toward more
socialism, even when it hasn?t yet worked. How could that be? To
explain what we are seeing currently, we must acknowledge that if the
socialists manage to escape complete annihilation in the plane that
they wreck, they will begin a campaign of propaganda, reminding the
people that if only the free market force of gravity hadn?t gotten
involved, they would have been successful. And that all they need is
more fuel (other people?s money) to get the thing going again.

And, of course, the people will see the wisdom of their case, and will
vote for more fuel or parts or anything, just so long as we don?t let
those stupid Gravitarians have control of the cockpit."

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