As Democrats Race Towards Socialism Experts Caution: 'This has Been Tried and Failed in Every Way'
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(logo swooshing)
- Not too long ago advocatingfor socialist policies
meant certain political suicide,
but today socialism isspreading through the halls
of Congress as Democratsrunning for president
race to embrace it.
(dramatic music)
For 170 years, socialismin its various forms
has been tried around the world,
often followed by oppression,poverty, and failure.
Experts are closely monitoring
this new embrace of socialism.
- They do want to turn America,as crazy as it may sound,
into a socialist country.
- [Jennifer] Democrats callit a bold, progressive step.
- I am gonna go forwardwith a Medicare for all
single payer program.
- So for people out therewho like their insurance,
they don't get to keep it?- Let's eliminate all of that.
- We need to be bold.
One of the reasons why Isigned onto the resolution,
a cosponsored resolutionfor the Green New Deal.
- [Jennifer] Republicans argueit's completely out of touch.
- America was founded onliberty and independence
and not government coercion,domination, and control.
We are born free and we will stay free.
- [Jennifer] And whilepromises of free stuff
like college tuition sound great,
for many voters thedevil is in the details,
and socialist policyproposals are top issues
for the six millionmembers of FreedomWorks.
- Americans don't support it
when they understand who'spaying for all of this.
Middle America isn't socialist.
Middle America, they valuefreedom and individual liberty.
These are the things thatAmericans have always held dear.
They're our founding principles.
- [Jennifer] Webster definessocialism as a system
or society in which there'sno private property,
where the means of productionare owned and controlled
by the state, a transitionbetween capitalism and communism.
Here in Washington there's a memorial
to the victims of communism,the Goddess of Democracy
holds a flame over an inscription,
to the more than 100million victims of communism
and those who love liberty.
Still, this political theoryresonates with young people.
In its annual survey,
the Victims of CommunismMemorial Foundation found
52% of American millennials prefer to live
in a socialist or communist country.
40% prefer capitalism,although a lot of them
aren't sure what it is.
The survey also founda quarter of Americans
say they never learnedabout communism in school.
Here's what happened when Campus Reform
asked college students about socialism.
- It could really benefitour country in the future.
- I think it's a good idea.
- Socialism as a concept,as a philosophy is good.
I think that it's got a bad rep.
- How would you viewwhat socialism is though?
- Um...
- Economically, what is socialism?
- Economically, hm.
So, hm, I'm gonna have tothink about that for a second.
- [Jennifer] Since propertyis owned collectively
under socialism, Edwards says supporters
should get ready to handover their smartphones
and kiss religious freedom goodbye.
- The first they do is toclose down the churches.
Close them up, and go beyondthat as a matter of fact
to eliminate, if you will, eradicate,
execute priests, pastors,sisters, nuns, people of faith.
- [Jennifer] The absence offaith is why Joshua Muravchik
thinks socialism has been so deadly.
- There is no moral law,there's no concept of sin.
There's no concept of righteousness.
The only righteousness is political.
- [Jennifer] For Muravchikloving and losing socialism
has been a life journey.
He grew up longing forit, serving five years
as national chairman of theYoung People's Socialist League,
the same organization countinga young Bernie Sanders
as a member, but todayMuravchik warns against it.
He's the author of "Heaven on Earth:
"The Rise and Fall of Socialism"
and using history as his guideMuravchik is disappointed
to see socialism risingin popularity in the US.
- I understand why I once believed in it,
and I understand why otherpeople once believed in it,
but why people would goback to that idea, to me,
200 years this idea hasbeen tried in every way
people could dream up andit failed in every way.
- [Jennifer] UltimatelyMuravchik doesn't think America
will ever become a socialist nation,
but Edwards believes we'reseeing the culmination
of what Democrats have beenstriving to achieve for decades.
- We're talking about the New Deal,
they're talking about the GreatSociety of Lyndon Johnson,
we're talking aboutBarack Obama, Obamacare
and what he called bringingabout a transformation
of America, so they've beenworking at it for 90 years.
- You know, candidatesoften tell us theirs
is the most importantelection of our time,
but in 2020 Americans may get to choose
between capitalism and socialism.
Jennifer Wishon, CBN News, Capitol Hill.
- The best definition of socialism
is the state owns the means of production.
So start imagining a UnitedStates where the state
owns every automobile company,
every telecommunications company,
everything is owned by the state.
The state owns the means of production.
The problem with thatis of basic economics,
that if the state owns themeans of production then
this primary means nowto continue things is
to protect the worker, andso instead of efficient
allocation of capital into new industry,
into worker efficiency,you have an allocation
of capital to perpetuate jobs.
Now the common phrase inRussia 20 years ago was,
we have full employment.
When people wouldcomplain about efficiency
or the quality of goods theresponse always came back,
well, we have full employment.
The problem with that is that you'd need
to be able to fire people,you need to be able
to allocate your capitalinto new, growing businesses
as opposed to dying businesses.
And when you put all ofthat in the government
you are guaranteed to have inefficiency.
That's the fundamental problem with it,
and it always collapses when you run out
of other people's money,when there are no longer
any new businesses to acquiremore property to acquire,
and all you've done is fuel
the inefficient allocation of capital.
That's the problem, so tohear it come back in America
and to still be popularon our college campuses,
they're just not teaching the history
of what has happenedto every single country
that has tried thesesocialist experiments.
Just look to GreatBritain, back in the 1950s
when they were comingout of World War Two,
all the rationing, the tremendous poverty
that the war inflicted on that nation,
they turned to socialismand they tried that
throughout the '50s, throughout the '60s,
throughout the '70s and thenMargaret Thatcher came in
and said, we gotta get rid of all of this.
We have to return the means
of production to privateenterprise to free up capital,
to have efficient allocation,to create new jobs,
create new productivity.
Look to Britain if you think it works.
Britain is a prime example, it doesn't.