Tag Archives: Capitalism

Why Socialism Won’t Work in America

There’s a big push for socialism in the United States. The problem is that it just isn’t going to work in America. With socialism, there’s a lot of centralization, especially with regard to economic policy. Real socialism wouldn’t allow for many things most Americans take for granted. Economically speaking, people would have to completely disregard their personal utility (satisfaction). We need to be honest when we talk about socialism. Tens of millions have died at the hands of its ideology, mostly from starvation. But this is just the tip of the iceberg. Continue reading

Does Income Inequality Really Exist?

Something that I’ve always wondered about is whether or not income inequality was real. I mean, it sure makes sense that it could exist. But the problem I have with it is that not everybody is going to have the same situation to start out with. On top of that, not every single business is going to be as successful as the billion dollar corporations. There has to be something going on or else people wouldn’t make such a big deal out of it, right? That may not be the case.

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