How does someone like Bernie Sanders get even close to the presidency in the United States of America? Bernie gives off a magnificent illusion of how great the U.S. can be under a socialistic regime. Many Christians are following suit because they believe that national redistribution of wealth is more pious, ethical, and fair but believe it or not, capitalism is the answer to ending poverty!
Let’s recap so far:
- Economic Freedom
- Voluntary Exchange
- Freedom from coercion, fraud, theft
- Peaceful means of exchange
- Encourages hard work ethics
- Centralized (Government) Control of Economy
- Systematized theft and force
- Violent means of exchange
- Discourages hard work ethics
Helping the Poor of the 3rd World
Many well meaning people blame capitalism and 1st world countries for the barrenness of 3rd world countries. Usually the accusation is greed. Socialism and more rules and laws are hailed as the answer. History has a different story. The more contact a 3rd world country has with a capitalistic country, the better off they have becomeÂ economically.
Get this: It was the British who brought rubber trees to Malaya over 100 years ago and now Malaya is a booming metropolis of rubber plantations–owned by its own citizens! Some people have tried to eradicate poverty by foreign aid. Yet, what actually keeps third world nations in poverty is internal causes. Free-markets free the poor and oppressed from economic oppression.
What causes poverty?
Internal causes consist of things like:
- unstable governments
- culture and morals of people
- lack of education
- lack of ambition
One of the biggest issues is unstable governments. For example, the United States gave millions of foreign aid to Idi Amin of Uganda. Amin kept the aid for his own means and continued to slaughter tens of thousands of people. It does no good to send shipping containers over to these countries when the government in power does not distribute them. The third world does not need socialism…in order raise their standard of living, the third world needs capitalism.
“The more economic regulations passed on society, the more the poor are oppressed. Even when those regulations are meant to help the poor. “
“If you love the poor, if you are a good Samaritan, you must stand for the free enterprise system, and you must defend it, not just for ourselves but for people around the world. It is the best anti-poverty measure ever invented.”
-Arthur C. Brooks
We should let the facts inform us as we strive to help the poor and love our neighbor.
For Further Discussion:
Thomas Sowell on The ‘Diversity’ Fraud
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