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Bernie Sanders and Wealth Redistribution

Posted by Steve Markowitz on February 23, 2016

Much has been made by the fact that the second most popular candidate running in the Democratic presidential primary is not even a Democrat, but instead an admitted Socialist.  While some moderate Democrats may be troubled by this, the fact is that the Party has morphed from being merely Progressive to supporting Socialism long ago.

Socialism, and for that matter crony-capitalism from the Right, are a natural progression of a corrupt political system.  The political class in essence buys votes by taking money from certain members of society and handing it out to others, their constituents.  As time goes on the amount of payouts grow as involves embraces more constituents that will then vote for one political party or the other.  Socialism is the natural end to this progression where everybody supposedly becomes economically equal (except for the political elites), although at the aggregate level, society becomes much poor.  This tune has been played many times in countries that tried this utopian experiment.

During a recent interplay (video posted below) between Fox Business host Stuart Varney and Erin Bilbray, a supporter of Sen. Bernie Sanders, the goal of Socialists is unveiled.  Ms. Bilbray indicates her belief that when some in society encounter hard times, it is the government’s job to resolve their problems.  That feel-good approach to problem resolution does not work in nature, parenting, education, or economics.  So why do Socialists promote this agenda?  In the case of some, it is naivety and it is likely that Ms. Bilbray falls within this category.  For others including the political elites, it is but a method to gain power and wealth.

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