Informative and entertaining, Beck gives a history and description of socialism in all of its attempted forms and explains with many examples why each have failed and led to great harm to life, liberty, and the pursuit of happiness. Examples include why the Scandinavian countries are not socialist, socialism and the climate-change power grab and Green New Deal, and the historic benefits and blessings of capitalism. Also included are socialist proponents' arguments for socialistic programs and efforts with careful rebuttals to each and every one. Timely and important in an era when socialism is all the rage, this book gives a clear-headed view as to where socialism has been and where it might take us should we choose to follow its dangerous path.
A few thoughts:
- Helpful definitions (Ch. 3):
'capitalism'- an economic system characterized by private or corporate ownership of capital goods by investments that are determined by private decision and by prices, production, and distribution of goods that are determined mainly by competition in a free market.
'socialism'- an economic system in which property (incl. the means of production and distribution) is collectively owned and managed, and wealth is distributed to people according to their needs, not their desires, thus effectively removing decision-making by individuals.
'communism'- one of several different socialist systems. This theory may be summed up as "abolition of private property."
- There has never been a country attempting to adopt a truly socialist model that has also maintained a commitment to individual rights. Eventually the majority dismantles the rights of the minority, often by empowering a small, powerful group to rule over the rest of society as a representative of the collective. (Ch. 3)
- "The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of socialism is the equal sharing of miseries." Winston Churchill (Ch. 4)
- The earliest socialist and communist revolutionaries knew and openly discussed the reality that a transformation of mankind and human nature was necessary to achieve their goals. (Ch. 7)
- Horrors of socialist/communist states (Ch. 7):
+ Stalin's Soviet Socialists: 20-30 million killed during his reign in 1st half of 20th century
+ Pol Pot's Cambodia: 2 million + slaughtered in the Killing Fields, 1975-79
+ Castro's Cuba: 100,000+ killed
+ authoritarian North Korea: up to 3 million + killed and hundreds of thousands in labor camps
+ socialist Venezuela (Chavez, Maduro): 10,000 and counting
+ China: 65 million + deaths
+ Nazi Germany: 15-20 million deaths
+ Vietnam: 1.6 million killed
+ Romania: 435,000 killed
+ Zimbabwe: 50,000 deaths
+ Angola: 10-20,000 deaths
- None of the above examples learned from the other in a way to make it different in terms of the carnage that results from socialist/communist policies.
- Gov't watchdog CAGW outlined cuts the gov't could make to wasteful spending that would save taxpayers $29.8 billion the first year and more than $3 trillion in the next 5 years. Some of the wasteful spending includes (Ch. 7):
+ $2 mil.: attempts to increase trust between Tunisian political parties
+ $2.12 bil.: convert a mental hospital into DHS HQ
+ $10 mil.: supporting green growth in Peru
+ $100k: increase capacity of Pakistani film industry
+ $48 bil.: improper payments paid by Medicare
+ $150k: taught English and computer skills at madrassas
+ $467k: studied frog mating calls in Panama
+ $51.7 mil.: paid for Google scholar searches in Hawaii
+ $325k: paid for property confiscated in Afghanistan by the ANDSF
- What's happening today with tech giants (Google, FB, etc.) censoring speech they arbitrarily deem 'inappropriate' while retaining government protection isn't proof that we need socialism because corporations are out of control, it's proof that the centralization of power is dangerous, and that when government is powerful, it can and often does make crony deals with private industry. (Ch. 7)
- Cutting US carbon dioxide emissions down to zero would do absolutely nothing to stop a future climate-change disaster because US CO2 emissions don't drive global climate-change since they make up less than 15% of global CO2. (Ch. 8 + see notes & stats)
- Socialism is an ideology of manipulation, control, and force that cannot function without coercion. On the other hand, capitalism in a truly free-market system (not corrupt crony capitalism) isn't based on greed or hate or racism or corporatism. Rather, free-market capitalism is for and made up of hard workers, entrepreneurs, thinkers, freedom -fighters, and dreamers. (Ch. 9)