Claims of Socialists about Capitalism 4

Communism worked very well for the early Christians (Acts 2:44-45).

Early Christians shared their worldly possessions willingly. Communists and socialists take other people’s property by force. As Winston Churchill once quipped, “Socialism in the Christian era was founded on the idea that ‘all that is mine is yours,’ but socialism [today] Based on the concept that ‘all yours is mine’.

In the parable of the Good Samaritan, the Samaritan freely chose to use his own time and resources to help the injured person. He didn’t vote to force other people to do it instead. Like progressives, libertarians believe in helping other people. Unlike progressives, we believe that empathy should be voluntary and not forced.

Karl Marx derived his definition of economic justice from the Bible (‘to each according to his ability; to each according to his need’).

Socialists say they want an economy based on the rule: “From each according to his ability, to each according to his need.” The incentive under such a system is to demonstrate minimum ability and maximum need.

In a free market, people produce according to their means and are rewarded in proportion to the benefits they provide to other people – Judged by those persons. Incentives, therefore, are to produce what others want at the price they are willing and able to pay.

Proponents of government regulation often acknowledge that free markets provide goods, but argue that governments distribute them more fairly. They refer to people who are unable to create something due to age or disability. The government must regulate the economy, they claim, so that it can redistribute goods to these few.

But rewarding needs produce more than this, adding to those who cannot produce them. And taxing demonstrated ability yields less demonstrated ability. The need, which socialism claims to solve, can therefore only increase under socialism. In contrast, under a free market, demand does not pay, production does, so production increases and demand decreases.

The choice between government regulation and the free market is between government-forced fighting against increasing need in growing poverty and individuals voluntarily fighting against shrinking need in growing wealth.

Socialism redistributes wealth, making society more equitable.

Justice means giving everyone what he deserves – what he has earned. Redistribution gives to some what is due to others – the opposite of justice. As economist Thomas Sowell asked, “What is your ‘fair share’ of what someone else has worked for?

Richard Fulmer has worked as a mechanical engineer and systems analyst in industry. He is now retired and writes freelance. He has published about fifty articles and book reviews in Muktbazar magazines and blogs. Robert L. Along with Bradley Jr., Richard wrote the book, Energy: The Master Resource.

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