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Thomas Sowell: Socialism Could Prevail in the United States

Thomas Sowell: Socialism Could Prevail in the United States

Conservative commentator, author, and legendary economist Thomas Sowell this week said he feared the United States could succumb to Socialism. 

“I do have a great fear that, in the long run, we may not make it,” he said Thursday during an appearance with Fox Business Network’s David Asman. “I hate to say that. The one thing that keeps me from being despairing is that we don’t know. There are so many thangs that we can’t possibly know. And so, we may make it, but I wouldn’t bet on it.”

When it comes to Socialism, people tend to ignore the evidence, says Sowell, pointing to the economic collapse in Venezuela as an example.

“When you see people starving in Venezuela and fleeing into neighboring countries and realize that this is a country that once had the world’s largest oil reserves, you realize that they’ve ruined a very good prospect with ideas that sounded good but didn’t turn out well.”

Ignoring the evidence is a big issue for New York Rep. Alexandria Ocasio-Cortez, who won a seat in Congress after campaigning on Socialist promises like free education and free healthcare. If people pay attention to the rhetoric rather than the reality, AOC is a “rising star,” said Sowell.

Similar concerns were expressed last month by Vice President Mike Pence at the 2019 Conservative Political Action conference, where GOP leaders met to discuss the threats posed by Socialism.

“Democrats openly advocate an economic system that has impoverished millions of people around the world,” said Pence. 

Speaking about AOC’s Green New Deal, Pence said: “What Medicare-for-all really means is quality healthcare for none. And the only thing green about the so-called Green New Deal is how much green it’s going to cost taxpayers if these people ever pass it into law.”

The Green New Deal proposal is a watermelon, said one attendee, “green on the outside” but “deep red Communist on the inside.

The Green New Deal, proposed by AOC last month, is a multi-billion plan that promises free healthcare, free education, and job guarantees for all Americans plus a complete overhaul of the transportation industry, net-zero greenhouse gas emissions, and a decline in racial tensions.

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  1. Reather C Furr, Jr

    We ignore the leaders in the American financial system. Freedom is one of our greatest assets. Anyone can benefit from Amazon, where ever they are, simply by providing them with the capital that they need on a regular basis. Buy their stock.

  2. al

    they are all sick ,losers ,,,liberal left wing democrats,,,who embrace socialism

  3. Reather C Furr, Jr

    It is sad. The supporters of Socialism will die poor. America has the system that people want. We can export it to the World. People can prosper in their own Countries.

    • mariana6

      Problem is, too many of the morons advocating for socialism are already rich and feeling guilty about it. The worst among these come from wealth and would end up preventing others from acquiring wealth as their ancestors did, utilizing American freedom and free market capitalism.
      Others are just losers who lack the initiative, imagination and courage to succeed on their own.
      Tang pie. mariana

  4. Thom Jenkins

    I remember a commercial on T.V. several years ago in which the speaker replied to a
    question, saying “I make money the old fashion way, ..”I earn it.!!”
    That says it all. !!!

    • Edward Godlesky
  5. VeloMac

    Given that Venezuela’s national oil company has been chronically unable to function, primarily due to the insertion of socialist cronies/party functionaries at the top of the organizational chart, for the past 5-10 years it is not surprisinging that production has drastically fallen. However, commenting on Mr. Sowell’s contention that “reserves” have fallen, that is not so. If anything, a decrease in the expected drawdown of reserves via production leads to an increase in reserves relative to others, such as Saudi Arabia. Of course, that is in the absence of new major finds.

  6. Ronald Homan

    I have read many articles by Mr. Sowell and always found him to be right on target. The immigration problem is only one issue. The MSM has lost it’s moorings and the liberal now run rough shod over True Americans.

  7. John Lough

    The US is one of the few countries in the world that does not consider Health Care A “right” of every citizen. There was a time when every garbage truck had 3 people on it.Now there is only one and with self driving vehicles …none! Soon Mailmen will go the way of the Milkman. Retail brick and mortar stores are emptying out at a furious pace due to internet purchasing and not everyone can become a Brain Surgeon So what do you propose as a way to keep consumers consuming?

  8. Hardcase

    Sowell is WRONG on this issue because YOU cannot compare the United States people to Venezuela and THEIR socialism and beside WE are more educated not to vote these loons in. Look at Cortez()wild eyes), something not right about her.

    • Joe Gilbertson

      Careful about that. 20 years ago Bernie Sanders would have been tarred and feather, now he has a legitimate following. Its not enough yet but the wrong kind of swing and we could be in trouble.

    • Patti Green

      97but yet she is educated and the liberals love her, or love to hate her. SHE scares the heck out of me.

    • Rich

      If All of the millennial, independents, minority groups and democrats show up and vote this socialist nightmare will become reality. It would be short lived though, in my opinion. The new leader of the “Green Party” would suffer the same fate as the Kennedys. And quickly.

  9. John

    Anyone that may doubt the true reason the democrats are so insane and exclusionary of anyone that still believes in America is greed. They are so insanely motivated by power and money that they not only don’t care, but now are incapable of any thought pattern that allows for truth to have any meaning. They voted this week to allow ILLEGAL IMIGRANTS the right to vote, knowing that the result will be destruction of our way of life but they DO NOT CARE, as long as their pockets are full and they still can claim power. Thomas Sowell is right and anyone who does not believe that needs to open their eyes and learn what is happening. I never thought that a declared Islamist who married her brother to gain access to America and speaks proudly of her hatred of Israel and Jews would be elected to anything more than garbage man but we now have numerous Muslims in power waiting for the right time to force Islam on us Americans who otherwise would never consider it a possibility. WAKE UP AMERICA.

  10. Patti Green

    The liberals either love AOC, or love to hate her. SHE scares the heck out of me. Her mouth is constantly moving, and the stupidity the spewes out is so vile.

  11. Dan Bradford

    Scared white people,accept that things change and that you have no right to stop it ,you had your run ,step aside old white people.

  12. ox

    It will prevail if the voters keep voting in liberal commie democrats into office. Give brain dead Pelosi her way and she will be having 16 year olds at the voting booths. What a better way to get their socialist agenda across then to indoctrinate 16 year olds in schools, to vote for the liberal commie democrats. The educational system doesn’t teach real History anymore, they have become indoctrination centers for socialism/communism.

    • Joe Gilbertson

      Funny, even though the age to get a job, be independent and get married appears to be gradually rising, we have people advocating that we lower the voting age. Seems to me that since people are really getting started with adulthood later in life, we should raise the voting age.

  13. Daniel Mount

    We all know that Socialism is no good for any Nation and it has destroyed many Nations and people. Say not to Socialism.

  14. DAV

    Socialism pursues a laudable end by unwise or destructive means. It is not enough to mean well. Our methods must take some account of the nature of things, if they are to succeed. We cannot produce well-being by law. No legislation can remove inequalities of nature and make-up of mankind. Society cannot produce equality, anymore than it can enable a rhinoceros to sing, or legislate a cat into a lion. Get off of the Look-At-Me-See-How-Nice-I-Am bandwagon.

  15. Ann Hannibal

    I agree with Hardcase!!!! He is 500% right!