Socialism Equals Poverty and Free Markets Equal High Standards of Living

Source: Future of Freedom Foundation
by Jacob G Hornberger

“Before the government can give money away, it must first have money. … This is what socialists fail to realize when they advocate socialism. The reason they don’t consider it is because there is already wealth that has been built up in society that they want to seize and redistribute. They see all that wealth and simply take it for granted. Why not have the government seize part of that wealth and use to to help the poor, needy, and disadvantaged as well as seniors? But there are two important points here. One, socialists never ask: What was it that brought that wealth into existence? They just see it and want to grab it. And, two, by interrupting the process of wealth creation, they don’t realize that their seizure of wealth results in lower standards of living for everyone, especially the poor.” (07/30/26)

https://www.fff.org/2026/07/30/socialism-equals-poverty-and-free-markets-equal-high-standards-of-living/