Socialism promises a utopia that sounds good, but those promises are never realized. It most often results in massive human suffering. Capitalism fai… - Walter E. Williams

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Socialism promises a utopia that sounds good, but those promises are never realized. It most often results in massive human suffering. Capitalism fails miserably when compared with a heaven or utopia promised by socialism. But any earthly system is going to come up short in such a comparison. Mankind must make choices among alternative economic systems that actually exist. It turns out that for the common man capitalism, with all of its alleged shortcomings, is superior to any system yet devised to deal with his everyday needs and desires. By most any measure of human well-being, people who live in countries toward the capitalistic end of the economic spectrum are far better off than their fellow men who live in countries toward the socialist end.

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About Walter E. Williams

Walter Edward Williams (born 31 March 1936 - December 2, 2020) is an American economist, commentator, and academic. He is the John M. Olin Distinguished Professor of Economics at George Mason University, as well as a syndicated columnist and author known for his classical liberal and libertarian conservative views. His writings frequently appear on Townhall.com, WND, and Jewish World Review.

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Alternative Names: Walter Williams Walter Edward Williams
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Say that you hire me to mow your lawn and afterwards you pay me $30. What I have earned might be thought of as certificates of performance, i.e. proof that I served you. With these certificates of performance in hand, I visit my grocer and demand 3 pounds of steak and a six-pack of beer that my fellow man produced. In effect, the grocer asks, "Williams, you're demanding that your fellow man, as ranchers and brewers, serve you; what did you do in turn to serve your fellow man?" I say, "I mowed my fellow man’s lawn." The grocer says, "Prove it!" That's when I hand over my certificates of performance -- the $30.

In August 2009, MSNBC's Contessa Brewer was discussing a tea party rally in Arizona, where it's legal to carry an unconcealed weapon. She said: "A man at a pro-health care rally... wore a semiautomatic assault rifle on his shoulder and a pistol on his hip... There are questions about whether this has racial overtones, I mean, here you have a man of color in the presidency and white people showing up with guns." All that her audience was shown were a rifle and pistol strapped to a man's back. MSNBC concealed the fact that the armed man was black and did not show the interview he gave to the reporter. Brewer knowingly deceived her audience because an armed black man didn't fit the racial narrative.

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Philosopher Johann Wolfgang von Goethe explained that “no one is as hopelessly enslaved as the person who thinks he’s free.” That’s becoming an apt description for Americans who are oblivious to—or ignorant of—the liberties we’ve lost.

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