5 Socialism Myths: Part 2

Many young people love socialism. They don’t like capitalism. They don’t notice what capitalism give them. They protest in Nikes, and tweet about it from their iPhones.

In this video, I continue where I left off in my last video, and debunk more myths about socialism.

----
----
Myth #3: Socialism brings good things if it’s DEMOCRATIC socialism.

“Democratic socialists believe both the government and the economy should be run by the people by way of the ballot box,” says Van Jones approvingly on CNN.

By the ballot box—that’s how Venezuelan dictator Hugo Chavez took power.

“They can start off democratically elected [but] once they centralize control over the economy, it becomes impossible to democratically unelect them,” explains economist Benjamin Powell. “Now democracy in Venezuela is a sham.”

Socialism ALWAYS ends up authoritarian. We explain why in the video above.

[vatoloco]

"Its hard to exercise political freedom if you don't have economic freedom. If you're dependent upon the state for your livelihood you lose your voice to oppose them."
That's one of the best arguments against socialism I've heard!!! 👍

[anlasma]

Yes, government is handling these affairs quite terribly, let's give them more power to solve it!

[UncleKennysPlace]

“The government you elect is the government you deserve.” ― Thomas Jefferson

[anthonymorris]

"I can't wait to finally finish this raft so I can escape all of this capitalism". What no one said, ever.

[nope]

Imagine if people started saying, "It wasn't real fascism."

[marcustulliuscicero]

"A dependent voter is a dependable voter."

[garymaccagnone]

Will the celebrities pool their money together and gift it to the people?

[buck]

I don't know, the DemSocs on my campus swore they weren't "weird tankies, " and then lost it as soon as I suggested that Fidel Castro may have been a bad guy.

Their defense? "Come on, nobody's perfect!"

[MarkH]

Thanks John for educating the public in a way schools don’t.

[sandiasurfers]

"Democratic Socialism is like your kid's school"
Yeah that's a great example of how awful an idea it is...

[uberraschtedame]

"Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it". – Thomas Sowell

[HulksterHogan]

I never understood how giving the government sole control of the economy is somehow "power to the people".

[mikkel]

You are completely right! I'm from Denmark and I hate when young Americans use my country as an "example of good socialism". They know nothing about our system. As our (now former) Prime Minister said we're not a socialist country. I pay 40% in taxes yes. But I can use the remaining 60% as I want.

[Nemesis]

Putting the word " Democratic" in front of anything doesn't make it good

[TheMichaelMove]

John Stossel has only one major TOO good. Go John!

[leviathanw]

What's crazy is that at the socialist convention literally everything they were complaining about was government. i.e. socialism.

[johnschimcat]

Stossel is one of the few people I still have respect for in media. I might not agree with him all the time, but he is honest and actually does journalism, which is unheard of these days .

[MrFromminsk]

Socialism - 99% getting equally poor, while 1% is getting extremely rich.

[miguelmartin]

The fact the guy from Denmark came here to say Denmark isn’t socialist is hilarious

[mart]

Thank you John, you always show the truth and common sense that America is going through. I have always loved your pieces.