Thomas Sowell Destroys Socialism Under One Minute

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Thomas Sowell is an American economist and political commentator. He taught economics at Cornell University, the University of California, Los Angeles, and since 1980 at the Hoover Institution at Stanford University, where he is currently a Senior Fellow.
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[nnamdimusic]

Once again I come to the comments section to see what's going on & the nay sayers dissappear in the face of true wisdom, articulation & accountability 👏 👏

[bathcat]

I’ve actually used this argument in real life about socialists and their brains start to over heat and steam starts coming out of their ears

[blujay]

Modern human migration has been unerringly in the direction of capitalist countries.

[kirkbrooks]

We live in a country where poor people are frequently overweight, have cell phones, cars and running water with indoor plumbing. Compared to the impoverished people in many countries they have it pretty nice. There are people who come here from other countries and their standard of living goes up at least 5-10 times what it was yet by the time their kids are grown, those kids see themselves as being poor. It's an interesting world.

[onceamusician]

so not only is it NOT true that property is theft, it is NOT true that WEALTH is theft.

i stand corrected as to the last of these two, being a hangover from my own 40 years as a leftist and socialist

thank you for posting this and to Dr Sowell for saying it

[dongaetano]

Wow, that was a beauty!!! Thanks guys. For all my hours of listening and watching, I've forgotten this spot!
I won't going forward.
Gratias a todos! TSTV crew.

[brucehoffmann]

It’s a shame that people in this country don’t realize that even poor Americans are better off than most of the people in the world.

[Songbird]

I have always loved reading your columns, for many years I felt you were a voice of reason. God bless you.

[marschlosser]

Too true. You are a blessing on the US!

[cabinbythelake]

When I was in school in the 1970s there were many students that refused to behave and learn and allow others to learn. I’m sure they grew up struggling financially and rich people had nothing to do with that and neither did luck! Instead of blaming themselves they blame others and the same goes on today.

[mightytaiger]

Fun fact:

You can accept statistics and understand socialism is a sham, while also having empathy for people living on the streets and prioritizing it as an issue we have to solve- without asking for a nanny state.

[mohammadgholizadeh]

Teachers this is kind of education you teach.

[finanzalex]

I have a lot of respect and admiration for Mr. Sowell. He is a great economist and realist. He says how it.❤

[anisemarsh]

I really admire this man. He has common sense and insights given by God. We do not deserve him.

[rebeccaknight]

I don’t agree with all of Mr Sowell’s ideals but I think he is one of the greatest minds today. Well said

[rockbottom]

Are you guys serious! You can't have extreme riches without extreme poverty look at any major city Republican or Democratic! Phuck these guys workers unite ✊🏽

[lifetools-help]

Brilliant, wonderful, logical Dr. SOWELL

[uofa]

I grew up very poor in Alabama. Yet, we had tv, all major appliances, govt housing and food, clean clothes to wear, warm bed, toys to play with, cars, and a loving mom. By world standards, that’s not poor. Poverty and wealth are relative to what others have, to what society says you should have in order to be happy. My sisters and I knew we were poor cause we didn’t have a lot of things our friends had or that we saw on tv or disposable income to pay for entertainment. We depended on extended family and church people to help us have those things. Proving we had the most important things of all: faith, hope and love.

[robertjsmith]

The USA does have large amounts of poor people

[yourlocalthoughtson]

This is such a weak argument - we don’t live in closed countries where economies don’t interact with eachother. Part of the wealth billionaires (and overall countries) have is from the exploitation of the Middle East, parts of Africa (and other parts of the world). Both now and in history. Slavery and colonisation (I’ll just speak on Africa) was a massive extraction of wealth from Africa to Western Europe. It generally occurred as a capitalist mission in the goal for wealth. Also, just because the standard of living of poor people in the west is better the Middle East and Africa is nothing to write home about. The wealth need workers to operate their business and extract wealth from them, so there at least has to be some form of standard of living otherwise people would riot and choose not to work. I don’t really thing disgusting wealth gaps in a society is really a sign that capitalism has worked