Socialism Debunked in 5 Minutes
This video debunks socialism in 5 minutes. Socialism is a political and economical theory that believes in social ownership of the means of production.
Socialism has been repeatedly debunked and fails whenever it is tried. Socialism and communism, which are both similar systems, share fundamental flaws which make them perform much worse than a free and non-coercive system such as capitalism. In this video, Christian Watson will debunk socialism, its theories, and philosophy in under 5 minutes. Stick around to find out exactly.
Socialism foolishly rejects a holistic understanding of property. Socialism views property solely through the lens of the means of production and proclaims that only a "social" and communitarian ownership of those means makes equality possible. But Mr. Watson argues that property, properly understood, goes beyond the means of production - a fact socialism does not account for and therefore proceeds in error.
Mr. Watson also argues that the principle of specialization makes civilized life easier, and socialism seems to reject that by wanting to equalize who can possess certain goods/services. Rejecting specialization is a good way for human beings to miss their potential, and for societies to become inefficient.
#Socialism #Capitalism #Communism #Debunked #Economics #2021
-
LIVE
Benny Johnson
36 minutes agoTrump Trial 'Star Witness' Referred to DOJ for PRISON! Stormy Daniels TIRE FIRE Testimony BLOWS UP🔥
4,905 watching -
LIVE
The Kirk Minihane Show
3 hours agoKMS Live - May 9, 2024
896 watching -
2:05:52
Matt Kohrs
11 hours agoTrump Backs Crypto, Stocks on Edge & Live Trading || The MK Show
9.14K -
LIVE
Due Dissidence
12 hours agoIsraeli Spokesman CRUMBLES on Piers Morgan, Student Protester SCHOOLS Media, Seinfeld's Movie TANKS
1,970 watching -
48:11
Rethinking the Dollar
1 hour agoDigital Revolution: A Bank Stops Cash Services (People Forced To Rethink Banking)
40 -
1:37:53
The Podcast of the Lotus Eaters
5 hours agoThe Podcast of the Lotus Eaters #911
23.3K10 -
LIVE
Wendy Bell Radio
6 hours agoThe Democrat Dreamscape
11,912 watching -
2:09:02
AP4Liberty
3 hours agoBarron Trump Steps Into Politics - Leftists Pounce!
19.5K3 -
7:15
ThinkStory
22 hours agoDARK MATTER Episode 1 & 2 Breakdown, Theories & Details You Missed!
22.3K6 -
5:52
Chris Jericho
1 day agoTalk Is Jericho Highlight: Randy Couture On Mike Tyson vs. Jake Paul
25.5K8