Opinion: Fall in popularity of capitalism ignores failures of socialism
Recent polling by Gallup shows a huge decline in the popularity of capitalism among Democrats in our country.
Democrats’ positive attitudes toward capitalism dropped from 56% in 2016 to 47% in 2018. More than 50 percent of democrats now view socialism positively. These changes are likely a result of radical rhetoric used recently by high profile democrats such as Senator Bernie Sanders of Vermont and congressional candidate Alexandria Ocasio-Cortez of New York that glorify socialism.
Their argument in favor of adopting this failed system?
Government handouts that democrats like Sanders and Ocasio- Cortez don’t have a plan to pay for without drastically increasing the burden on us, the American taxpayer.
These come in the forms of free medicare, tuition free higher education, and wealth distribution that they claim would benefit small businesses.
This very same Gallup poll still shows that a very high percentage of Americans are in favor of small business. Yet, socialism is not pro-small business at all.
Socialism and its big brother communism run counter to the ideals of capitalism: individual ownership, property, and freedom, by seizing the means of production and handing them to the state.
Here's the Bottom Line: Capitalism is the backbone of our country. Those that are campaigning against it not only ignoring our country’s recent and historic economic success, but they are ignoring the dangers of socialism. Socialism can be successful in making us equal, as long as it’s equally poor.
EDITOR'S NOTE: Boris Epshteyn formerly served as a Senior Advisor to the Trump Campaign and served in the White House as Special Assistant to The President and Assistant Communications Director for Surrogate Operations.