VICTOR DAVIS HANSON: There is no socialism (only a Ponzi scheme for the elites to get richer))

VDH: “This discussion is, of course, a belabored example of why and how socialists do not like socialism. Indeed, statism is not a desired outcome, but rather more a strategy for obtaining power or winning acclaim as one of the caring, by offering the narcotic of promising millions something free at the expense of others who must be seen as culpable and obligated to fund it — entitlements fueled by someone else’s money that enfeebled the state, but in the process extended power, influence, and money to a technocratic class of overseers who are exempt from the very system that they have advocated.

So what is socialism? It is a sort of modern version of Louis XV’s “Après moi, le déluge”  – an unsustainable Ponzi scheme in which elite overseers, for the duration of their own lives, enjoy power, influence, and gratuities by implementing a system that destroys the sort of wealth for others that they depend upon for themselves.

Once the individual develops a dependency on food stamps, free medical care, subsidized housing, all sorts of disability or unemployment compensation, education credits, grants, and zero-interest loans — the entire American version of the European socialist breadbasket — then expectations for far more always keep rising, with a commensurate plethora of new justifications, usually in the realm of someone else having more than the recipient, always unjustly so. The endangered aid recipient is always seen as being pushed off a cliff in a wheel chair — therefore, “they” can afford to give “me” more; things are not “fair”; there is no “equality.”

[READ Victor Davis Hanson’s “There is no socialism“]

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