Deaf Voters: Capitalism Versus Socialism

Why do Deaf Americans prefer socialism over capitalism, they could turn the United States into another Venezuela.

Decades after Capitalism seemed to have triumphed over Socialism, politicians are once again arguing about the merits and drawbacks of these opposing economic systems. Why are we still having this debate?

Andrew Puzder, former CEO of the parent company of Hardee's and Carl's Jr., explains the misconceptions that keep the debate alive.

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Capitalism versus socialism. We can sum up each economic system in one line:

Capitalism is based on human greed. Socialism is based on human need.

Right?

No. You're wrong!

So wrong, it’s exactly backwards. And Andrew Puzder will prove it to you.

Been on Amazon lately? Each of the thousands of products Amazon offers represents the work of people who believe they have something you want or need. If they’re right, they prosper. If they’re wrong, they don’t.

That’s how the free market works. It encourages people to improve their lives by satisfying the needs of others. No one starts a business making a thing or providing a service for themselves. They start a business to make things or provide services for others.

Puzder speak from personal experience.

When he was the CEO of the company that owns Carl’s Jr. and Hardee’s restaurant chains, they spent millions of dollars every year trying to determine what customers wanted. If customers didn’t like something, we changed it-and fast, because if they didn’t, our competitors would (pun intended) eat them for lunch.

The consumer-that’s you-has the ultimate power. In effect, you vote with every dollar you spend.

In a socialist economy, the government has the ultimate power. It decides what you get from a limited supply it decides should exist.

Instead of millions of people making millions of decisions about what they want, a few people-government elites-decide what people should have and how much they should pay for it. Not surprisingly, they always get it wrong. Have you ever noticed that late-stage socialist failures always run out of essential items like toilet paper?

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Of course, this isn’t a problem for those who have the right connections with the right people. Those chosen few get whatever they want. But everyone else is out of luck.

Venezuela, once the richest country in South America, is the most recent example of socialism driving a prosperous country into an economic ditch. Maybe you think it’s an unfair example. I’m not sure why, but okay. We’ll ignore the fact that leftist activists celebrated it as a great socialist success right up until it wasn’t.

But what about Western European countries? Don't they have socialist economies? People seem pretty happy there. Why can’t we have what they have-free health care, free college, stronger unions?

Good question. And the answer may surprise you.

There are no socialist countries in Western Europe. Most are just as capitalist as the United States. The only difference-and it’s a big one-is that they offer more government benefits than the U.S. does.

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We can argue about the costs of these benefits and the point at which they reduce individual initiative, thus doing more harm than good. Scandinavians have been debating those questions for years. But only a free-market capitalist economy can produce the wealth necessary to sustain all of the supposedly “free stuff” Europeans enjoy. To get the “free stuff,” after all, you have to create enough wealth to generate enough tax revenue to pay for everything the government gives away.

Without capitalism, you’re Venezuela!

Andrew Puzder.

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Deaf Voters: Why Trump Won

Former Prime Minister of Canada explains why Trump won.

Were you shocked at the results of the 2016 American presidential election? Most people were, but Stephen Harper was not one of them. Here, the former Prime Minister of Canada explains the trends that foreshadowed Donald Trump’s victory and left many political elites looking wildly out of touch.

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Stephen Harper was elected to the Parliament of Canada seven times-three times as Prime Minister. He did not expect Donald Trump to be elected President of the United States. But unlike most observers, he did think it was at least possible.

Why?

Because he sensed, as Mr. Trump surely did, that the political landscape had shifted.

The underlying issue is this: Over the last few decades, thanks to globalization, a billion people-mostly in the emerging markets of Asia-have lifted themselves out of poverty. This, of course, is a good thing. Yet, in many Western countries, the incomes of working people have stagnated or even declined over the same period.

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In short, many Americans voted for Donald Trump because the global economy has not been working for them. We can pretend that this is a false perception. We can keep trying to convince people that they misunderstand their own lives. Or we can try to understand what they are saying and offer some solutions.

Harper prefer the latter approach.

Let he begin with this:

In our contemporary world, there are, as British journalist David Goodhart describes it, those who can live “Anywhere,” and those who live “Somewhere.”

Imagine you work for an international bank, computer company, or consulting firm. You can wake up in New York, London, or Singapore and feel at home. Your work is not threatened by import competition or technological dislocation. You vocally support all international trade agreements and high levels of immigration. You are one of those who can live Anywhere. There are a lot of those people. But there are a lot more completely unlike them.

Let’s say you’re a factory worker, a small-businessperson, or in retail sales. Your work has been disrupted by outsourcing, cheap imports and technological change. Your children attend the local schools and your aging parents live nearby. Your social life is connected to a local church, sports team, or community group.

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If things go badly at your company, or if policy choices by politicians turn out to be wrong, you can’t just shift your life to somewhere else. Like it or not, you depend on the economic policies of your national or state government. When it doesn’t come through for you, you’re not happy. And when it ignores you entirely, you get angry.

It’s easy for Anywheres to dismiss these concerns. But the Anywheres’ faith in global solutions and multi-national political bodies is founded more on fantasy than fact.

The fact is, the critical functions of laws and regulations and monetary and fiscal stability, among other things, are provided by nations, not global institutions.

The nation, with all its flaws, is a concrete reality. The “global community” is little more than a concept. Yet it is the Anywheres, with their faith in globalization-not the Somewheres-who have dominated the politics of almost every advanced country.

That is, until now. This sea-change is not limited to the United States. The same dynamics-“Anywhere” elites versus “Somewhere” populists-is playing out all across the Western world.

These populists, as I’ve tried to show, are not the ignorant and misguided “deplorables” depicted in mainstream media. They are our family, friends, and neighbors. The populists represent, by definition, the interests of ordinary people. And, in a democratic system, the people are supposed to be our customers.

Stephen Harper the former Prime Minister of Canada.

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