How Socialism Works

Ellie, a commenter on American Thinker left this. It is the most succinct description of Socialism I've ever seen. It's what we're facing if we elect Hollowman.

We have been warned.

The Gunslinger

HOW THE MARKET WORKS - PART II

Seeing they had all these monkeys on hand, a local entrepreneur in the village investigates if there is another buyer interested in their surplus monkeys. He finds a market overseas and sells the monkeys for $1000 profit each. Having secured a market, the villagers start breeding monkeys. They breed the best monkey anywhere, raised in capitivity they are free from diseases or genetic defects. The whole village becomes rich. They build houses and schools, employing workers from neighboring villages, and thus makes the neighbors richer too.

Obama viewing all this says "this is bad."


HOW SOCIALISM WORKS (it doesn't)

Obama views poverty as the root source of evil... it seems to me I have gleaned from some of the things he has written. Obama sees capitalism as producing poverty. Those who do well in a society are not hardworking and industrious people who are to be rewarded. Rather, by virtue of their ascent and promotion in the economic system in the accumulation of wealth and the ownership of business and property, they become the slave owners and oppressors of the poor.

Those villagers have become evil. They have become the slave owners and the oppressors of the village next door. What have they done to harm the village next door?? They have profited and succeeded while the villagers next door, who took no part in the enterprise, still are left with nothing. To remedy their greed and excess, the monkeys will be taken from the first village and given to the second village. What will the villagers in the second village do with the monkeys?? They will not breed the monkeys to produce more monkeys. They will consume the monkeys because they have not the training, the discipline, the planning capacities nor the deferral of instant gratification modelled by the first village.

The second village having consumed the monkeys of the first village looks to the first village for more monkeys. But there are no more monkeys. The second villagers took them and consumed them without producing more, the monkeys are now extinct and the two villages are equal in poverty.

Socialism is putting looters, instead of shopowners, in charge of the store and the storehouse. The result is empty shelves and a shop that has no profit and must go out of business.