Lenin called socialism the transitional stage needed on the way toward the attainment of a communist state. Socialism has become the public policy goal of the Democrat Party so it has become a very current issue facing American culture, as well as other Western governments. Tragically socialism has a long history of both failure and violence. The latest example of this is what is currently happening in Venezuela. This nation used to be the wealthiest nation in South America with its large oil reserves. However, the people in that nation traded away their wealth for the empty promises of government freebies by the socialist politician named Hugo Chavez in 1999. Once in power he seized all the arms of the citizens and established a dictatorship. The result has been a total breakdown of the economy in Venezuela. The people have been leaving in mass to try and find food and work in other nations, such as the United States.
In a similar manner the Democrat Party in America is selling socialism to the masses by promising free government programs that will take an American citizen from the cradle to the grave in opulent comfort and pleasure. The cost for getting these government services is paid for by use of the government credit card - the national treasury. Money is created by moving the decimal point over in the national debt and printing paper money on the future credit of the next generation of Americans. Republicans have been of little help in stopping this economic madness even when they get into power. They excuse having to deal with the debt by saying that they will be voted out of office if they don't give the people the freebies they are clamoring for. Unless America experiences a national spiritual reawakening of Christianity we seemed destined to merge into a socialist state.
SOCIALISM: THE DREAM OF AN IDEAL SOCIETY? Is it a wonderful "utopia" or a totalitarian nightmare? Will everything be free or will deep-state bureaucrats decide who gets what? Did Plato, Thomas More, & Francis Bacon propose social ownership of property? Is there a difference between socialism and communism? Did Pilgrims attempt "a communistic plan of life"? What happened? How did the Pilgrims' covenant under God become the Age of Enlightenment's social contract with a distant God, become the French Revolution's social contract with no god, become Marxism's "the state is god"? "If the state gives rights, it can, and inevitably will, take away those rights"-Eisenhower. Was France's Reign of Terror a model for future socialist revolutions? The Bible talks about private property, yet Marx wrote: "The theory of the communists may be summed up...Abolition of private property." Coolidge wrote "It does not follow that because something ought to be done, the national government ought to do it."
Video Link: BeginEconomics.org