Wednesday, January 18, 2017
It's Collectivism v. Individualism!
There are many people who believe collectivism is the way to go, economically, even though it creates no wealth, at all, only STEALING the new wealth created by individuals who PRODUCE it, for the benefit of those who, for whatever reason, produce NOTHING. There are only TWO real economic theories in existence. There are many others that CLAIM to be economic theories, but all they aare is derivatives of one or the other. Socialism is one; progressivism is another. Then there's Fascism and communism. I don't know what Castro or any other collectivist dictator calls his version, but ALL are derivatives of collectivism. Every one of them is loosely based on the Marxian narrative, "FROM each according to his ABILITY, and TO each according to his NEED." Making NEED a DEMAND upon the earnings of those willing and able to PRODUCE new wealth. Individualism is self-explanatory. An inidividual's benefits are based on HIS OWN earnings. (iPatriot)