David Michael Smith's commentary ("Socialism is the new wave in US politics," The Daily News, Sept. 22) simply regurgitates a theme he has proposed for decades; that "U.S. and global capitalism" are the causes of all the misery in the world, and that if it were replaced by global socialism, beginning in the United States, then utopia would occur.

There have been countless arguments printed over decades that socialism has failed in every country where it has taken over. And, the reason it fails was pointed out, briefly and brilliantly, by the late Prime Minister of Britain, Margaret Thatcher in a 14 word sentence: "The problem with socialists is that they eventually run out of everyone else's money."

Bob Fields

Santa Fe

Locations

(26) comments

Bailey Jones

"There have been countless arguments printed over decades that socialism has failed in every country where it has taken over." This will come as news to Norway, Finland, Sweden, Denmark, Great Britain, Canada, the Netherlands, Spain, Ireland, Belgium, Switzerland, Australia, Japan, New Zealand and let's not forget Bolivia - which has drastically cut poverty and has the highest GDP growth rate in South America (between 2006 and 2014, GDP per capita doubled and the extreme poverty rate declined from 38 to 18%). And then there's poor old sad communist China which has led the world in economic growth for at least the last 50 years. Although to be fair, it has recently slowed to just 6.2% - now only twice as high as the rate of growth in the US.

Charles Douglas

Help me out Ms. JONES. Out of all these beautiful, prosperous countries you have listed above, name me ONE who sends monetary AID to America to help us Out! Second favor! You mentioned the prosperity of China. Tell me how long has China been listed in a special category among World Trade Organization nations, enjoying special perks and considerations because they are SUPPOSED to be a DEVELOPING poor country, but instead they have been stealing, and robbing the world blind and laughing at us because we are fools for allowing all this!!!! Ahh Ahhh sir, get back with me.

Paula Flinn

Why should these small, successful countries send us money, Mr. Douglas? We always have been self-sufficient until we elect Republican Administrations and have to “clean up” the economy afterwards.

Charles Douglas

Ms Flinn, I did not mention size! If Socialism is so GOOD, and BEAUTIFUL, WHY ARE THESE SOCIALIST countries so small and poor? Why are thousands and thousands of their citizens trying to cross America's borders illegally? Are Republicans running Venezuela and Cuba? I still need those two favors!

Paula Flinn

They are smsll in size only, Mr. Douglas, geographic size. They offer a better quality of life (healthcare, etc.) for their people than the USA does. You will not find them coming here in great numbers. They are happy and think they are living in the best country in the world. They are patriots, too, Mr. Douglas.

Carlos Ponce

"They offer a better quality of life (healthcare, etc.) for their people than the USA does." That's why they come to the USA for healthcare.[whistling]

Gary Miller

B Jones> Tell us which two of your socialist countries declared socialism a failure and adopted free market policies since 2017. Others will follow. 7 decades is up.

Bailey Jones

You've stumped me, Gary. Which two countries on my list have declared socialism a failure and adopted free market policies since 2017?

Bailey Jones

Always happy to discuss a topic with you, Charles. You might be surprised to learn that the country with the largest foreign aid budget isn't the US (#2), it's China ($38B to our $31B). By percentage of GDP, the top five donors are Sweden, Norway, Denmark, the Netherlands and Switzerland - also in my list. So - what is your point again? That no one is giving aid to the richest and most powerful country on the planet?

But maybe we can agree on one thing - China IS very good at playing the game of world economics and trade. Your president might be able to learn a bit about the 'art of the deal" from the Chinese. I guess all that communism and socialism is good for something, eh?

Charles Douglas

No sir! My point was and still is ...if socialism communism are so great, why are all their citizen trying to get to America, which is considered a capitalist nation, ...by hook or crook? They'll go to any extreme or break any law to get here, or have a baby here! Finally, why if this country is considered capitalist, why are we, INSTEAD OF SOCIALIST countries the most prosperous country on the planet? Why can't we have the same considerations China is getting from the WTO? I just don't understand.[smile]

Bailey Jones

.........and you've lost me, Charles. The people that seem the most anxious to get here are fleeing violence and poverty in Central America - Guatemala, Honduras and El Salvador, I don't think any of these are socialist or communist countries, in fact they have a history of extractive and exploitative capitalism, with all the corruption that comes with it. If your point is that capitalism has made America rich - well, duh. And no one wants to change that. What the right labels as "socialism" in the US are simply programs such as affordable education and healthcare. Ask any economist if an educated and healthy workforce makes the economy better or worse.

Jose' Boix

How great is to be able to debate, argue, compare and state such comments all done within the auspices of our great Country's political and governmental structure. And - I bet that - when asked if anyone would trade places; say go live in Bolivia, Finland, England or Spain - to just name a few, none would make the move. My "experience" comes after having lived in Cuba, England, Spain, Canada and Jamaica. Just my thoughts.

Bailey Jones

[thumbup]

Paula Flinn

I have friends that recently moved to a villa in the Algarve region of Portugal. Everyone there under 40 speaks English because they teach it in the schools. They moved because they couldn’t stand President Trump and the direction he was taking our country. They are retired and are in their 60’s.

Carlos Ponce

Maybe all those actors who promised to move if Trump was elected can join them.

Don Schlessinger

Just wondering if your friends will be moving back stateside after Trump leaves office?

Emile Pope

Sure they're buying their tickets now...

Carlos Ponce

Buying tickets for January 2025?

Charles Douglas

[thumbup]

Carl Hungus

Socialism.....Yeah, gosh....we sure don't want social security or medicare anymore right?? Funny because most of commentors here are retirees! I love these opinion pieces, apparently anyone that can fog a mirror and has a keyboard means they can be a Galnews.com contributor!

Carlos Ponce

I am a retiree. I don't get Social Security. I get something with a better rate of return for all the years I worked! My money was placed in a "lock box" like ALgore wanted everyone to have back in 2000. It was and still is MY MONEY in a TRS annuity. If you had your druthers wouldn't you want something like I HAVE? You get more money $$$$$+. Those with Social Security place their money into a fund Congress has access to to spend.

Bailey Jones

Thank goodness for labor unions, am I right, Carlos?

Carlos Ponce

What do Labor Unions have to do with it? I was never a member of a labor union. Asides from TFT their are no teacher unions in Texas. We are a right to work state.

Bailey Jones

I assumed you were a member of the Texas State Teachers Association. My bad.

Carlos Ponce

I once joined back in the 1970s but when they forced members to join NEA they lost my membership. I was a member of ATPE - Association of Texas Professional Educators - nowhere close to being labeled a labor union. It was a professional teacher's organization.

Carlos Ponce

I suggest Carl Hungus read the New York Times Article: "How Privatized Social Security Works in Galveston"

https://www.nytimes.com/2011/09/18/us/how-privatized-social-security-works-in-galveston.html

And "E.W. Jackson says Galveston has privatized plan in lieu of Social Security"

https://www.politifact.com/virginia/statements/2012/jun/08/ew-jackson/ew-jackson-says-galveston-has-privatized-plan-lieu/

"Galveston Social Security Plan"

http://www.unitypublishing.com/Government/GalvestonSocialSecurityPlan.htm

What does the Social Security Administration think of the Galveston plan? Read "The Galveston Plan and Social Security: A Comparative Analysis of Two Systems"

https://www.ssa.gov/policy/docs/ssb/v62n1/v62n1p47.pdf

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