August 6, 2018


I happen to know a little something about the transfer of private industry to government control. My grandmother’s father had his bakery seized in the Soviet city of Gomel. He was sent to a gulag, where he then died.

Oh, that’s crazy, Democratic Socialists would respond. No one is planning to seize bakeries. And no one will be sent to prison for owning a business.

No? What if those who own companies in industries that “necessitate some form of state ownership” don’t want to give them up willingly? What happens when the state runs out of money from the industries seized and needs more?

It’s baffling how we can still be considering centralized control of industries when that has never worked anywhere. And how socialism lovers so easily dismiss the underlying foundation in countries that have veered toward some form of that system: capitalism. Countries such as Norway, for example, are helped by a large abundance of natural resources and an essentially capitalist system supporting the welfare state.

On the other hand, nations where socialism continues to wreak havoc and spur poverty, disease and crime, like Venezuela, don’t have much support from capitalism. Fact is, “socialism” only works when it’s paid for by capitalism.

* * * * * * * *

In the fall of 1959, Nikita Khrushchev gave a series of speeches here. In one, he said, “We are catching up with you in economic progress, and the time is not far distant when we will move into the lead.” In Russia, that prompted folks to joke: “When we finally catch up to America, can I get off?”

But it’s never been implemented properly before – this time around, I’m sure top people like Alexandria Ocasio-Cortez will succeed where Lenin, Stalin, Khrushchev, Mao, Castro, Chavez, Maduro, etc. have failed.

InstaPundit is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to