1. The aim of socialism is to bring the lower classes into the middle class and dissolve the upper classes; what is not realized here is that the existence of a centralized bureaucracy would only set up a new upper class of Bureaucratic elites, privileging themselves with the primary hold on capital and resources as they monopolize distribution; this solution to class warfare defeats itself. 2. While some individuals are truly disadvantaged and in need of help, automatically labeling the poor as in need is a sure way to keep them so. Not only is the welfare system flawed in acting as a free lunch to the unwilling, but also a trap, waiting to backfire as soon as an individuals standard of living raises to the point where they no longer qualify for aid, but will not maintain a good standard of living for some time until they are independent. 3. the services provided by bureaucracy are poor and make for a tax more expensive than any bill or price tag on the market; they are poor for the same reason a diabetic has more incentive to exercise than a perfectly fit individual: theres always the threat of health, metaphorically job security. Also, they are more expensive due to added-on bureaucratic costs (paperwork, wages, etc.) and the cost for the actual services themselves, even more so for high-end service. 4. By putting the tax burden on the rich and business, one is sure to hamper industry; every cent of a profit taxed is a cent lost to being able to provide more jobs, better goods and services, and a better working facility. This is to assume that the bureaucracy wont own and manage the workplaces, in which the threat of failure and profit loss would not factor in decision making for the companys (workers) best interest. 5. The fallacy in criticizing the rich as greedy, manipulative, and authoritative is that socialisms alternative, bureaucracy, is in essence, no different; the problem now is the cronies are working together instead of competing. 6. Like taxation, regulation is a hindrance to industry; instead of cutting directly into capital, it is a loss of potential gains. While they are good meaning, regulations hinder the efficiency and production capabilities of the workplace, only hurting the workers in the end. 7. Soviet Russia, China, and North Korea are/were socialist economies; next up, America.
Posted on: Mon, 03 Feb 2014 03:20:07 +0000
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