October 21, 2020

Gen Z Conservative

The thoughts of a young conservative on political issues relevant to all ages

Winston Churchill on Capitalism and Socialism

Winston Churchill on Capitalism and Socialism

Winston Churchill on Capitalism and Socialism:

Winston Churchill on Capitalism and Socialism

The Quote by Winston Churchill on Capitalism and Socialism:

“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.” -Winston Churchill on capitalism and socialism

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Analysis of Why Socialism Leads to the Equal Sharing of Misery:

This quote by Winston Churchill on capitalism and socialism is a great and important one for every American to read because it is entirely accurate and relates to the problems of the modern-day. Socialism is becoming more and more accepted in American society. People like Bernie Sanders and AOC are pushing to bring socialism here. That can’t happen. We cannot allow socialism to infiltrate America and destroy our society as it has destroyed every other society it has touched. We do not want to be the next chapter in a future rendition of The Case Against Socialism.




Socialism is not a workable ideology. It is not workable for the reason outlined by Churchill- socialism’s only product is misery.

Yes, capitalism isn’t fair. As noted in this quote by Winston Churchill on capitalism and socialism, the unequal sharing of blessings is a central feature of it. But it leads to prosperity for all. Some earn more than others. A few very skilled, intelligent, and business-minded people earn far more than others.

Some might think that that is unfair; people like Bernie would rather bring shared misery to America than unequally shared prosperity. We as conservatives have to fight back against that. Unequal doesn’t necessarily mean unfair, or bad, when in the context of capitalism.

In fact, wage inequality and income inequality aren’t really problematic in capitalist societies. Why? Because that inequality is a result of talent, not corruption. In societies with equal access to opportunity, such as America, equal is unfair, not inequality, as Don Watkins and Yaron Brook so excellently pointed out in their book on that subject.

Usually it is the most talented or visionary among us that earn the most. Capitalism provides entrepreneurs with that opportunity. In socialist countries, the government officials have the most wealth. I’d prefer unequal wealth as a result of of talent rather than pull.




That’s ultimately what capitalism is about. Being able to make something of yourself if you’re someone who works hard, uses you liberty wisely and responsibly, and has an idea that you can use to become fabulously wealthy. Early Americans loved that idea; case in point is George Washington, who, in addition to being the general we needed, was also an astute businessman, as is written about in His Excellency: George Washington. If the earliest and greatest American wanted it that way, then all Americans should want it that way. We need to understand not only that early Americans supported capitalism, but why they supported it.

Why did they support capitalism? Because it supports individual rights. It helps people overcome circumstance and live good lives if they are willing to work hard. Capitalism encourages people to live virtuous lives; to this day, how to succeed in America is to go to school and avoid having kids out of wedlock or getting addicted to drugs. In short, the Founding Fathers supported capitalism not just for the reasons outlined in this quote by Winston Churchill on capitalism and socialism, but also because it creates a better society.

Sadly, few people are left in America are willing to defend the moral good that results from an unfettered ability to create wealth. They are unwilling to fight back against the socialists by expounding upon the ideas behind this quote by Winston Churchill on capitalism and socialism. That needs to change. Americans need to understand why capitalism is an inherently just and virtuous system, especially when compared with the evil and inherently corrupt system of socialism.

We conservatives need to remind everyone that a rising tide lifts all boats, but that tide will never be created by entrepreneurs if they have no incentive to do so, which they won’t if ridiculous ideas like a wealth tax or “free” everything are implemented. Instead, people will just work hard enough to earn the maximum amount that doesn’t get taxed at punitive levels.




But socialists don’t care about that; as usual, they could not care less about the actual economic implications of their ideology. Despite the fact that combining socialism and equality is the quickest path to poverty, socialists like Bernie and Elizabeth Warren still want to implement them. Not because they care about the poor, but because they hate the rich and want to make us all equally poor, as is discussed by this quote by Winston Churchill on capitalism and socialism.

Read and understand this quote by Winston Churchill on capitalism and socialism. It is crucial that modern societies understand why capitalism is far better than socialism ever can be; capitalism leads to wealth and prosperity while socialism leads to utter misery. Choose wealth over misery. Choose capitalism over socialism. Choose life over death.

By: Gen Z Conservative


Links:

Read it here: https://www.brainyquote.com/quotes/winston_churchill_101776

Read a quote about a similar topic: https://genzconservative.com/winston-churchill-socialism-quote/

And what Francisco D’Anconia, an Atlas Shrugged character, says about money and socialism:  https://genzconservative.com/francisco-danconia-on-money/

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