Debate Prep: Socialism vs. Capitalism

Debate Prep: Socialism vs. Capitalism

When they assume the debate stage this week, 20 Democrat candidates will vie for the title of “most liberal candidate.”

Nearly all the major candidates have embraced some form of socialism – from Bernie Sanders who calls himself a “Democratic Socialist” to Kamala Harris, Pete Buttigieg, Cory Booker, Elizabeth Warren, Joe Biden, and the rest of the gang who have embraced socialist policies like the Green New Deal, government-run health care, and massive new tax increases.

It’s terrifying. 

Far too many Americans are flirting with socialism – not just in the presidential contest, but on our college campuses and in our political bodies. Students are joining socialist campus clubs thinking it’s cool and trendy, knowing nothing of the dangerous history of the movement, which has claimed more than 100 million lives.

When we think about threats to America – we think about Iran, China, Russia, and other dictatorial regimes. Those are very real threats – but they are not the only threats.

I started Stand For America to advocate for policies that protect our country both from EXTERNAL and INTERNAL threats – threats to our lives, but also to our way of life.

Today, the socialist trend threatens our foundational ideals as Americans. The policies we will hear about this week are not only expensive and economically harmful, they increase government’s power at the expense of individual freedom. 

Now, more than ever, we need to fight for the values we hold dear.We need to engage the other side and explain to them that socialism has failed every single time it’s been tried. Every single time. Insanity is defined as doing the same thing repeatedly and expecting fresh results. 

At the same time, we have to make the case for capitalism. As I’ve said before: It’s not enough to say what we’re against; we have to explain what we are for. Each of us has a responsibility to use our voice to defend our free-market system as the best, most fair, most empowering economic system.

Capitalism lies at the heart of the American Dream. When you give people freedom and opportunity, history has shown that they can accomplish great things – no matter where they come from or what their backgrounds are. Of course, no system is perfect. When people break the rules and the law, they need to be held accountable. We need to embrace policies that expand opportunity for all people and reject policies that favor special interests over the general citizenry. 

I hope you’ll agree that this is a very pressing issue that merits serious reflection before it’s too late. It’s a topic I addressed in a recent speech to an economic group. I hope you’ll watch the video below for more detail and context and take these words to heart as you watch the debates this week. 

Images were taken by Gage Skidmore.

4 Replies to “Debate Prep: Socialism vs. Capitalism

  • Marian

    By Marian

    Reply

    No socialism for United States! EVER!

  • T.S. Johnson

    By T.S. Johnson

    Reply

    I’m at a total loss as to why college – and even high school age kids believe that socialism is the cure all for America. When you point to Venezuela, they turn a deaf ear and insist that “that kind of socialism is NOT what we will have”. Have they really been THAT brainwashed and shielded from REALITY?? I have been to Venezuela before it’s as bad as it is now, and there’s NO WAY I would ever live in a socialist nation. There’s no return from that horror, and they just can see it. What is the answer?

  • Maxine G. Richeson

    By Maxine G. Richeson

    Reply

    They’re ALL nuts!!!
    I love Nikki Haley!

  • Glen Underwood

    By Glen Underwood

    Reply

    Nikki, your comments about socialism vs capitalism is SO needed in the media. And…
    There are so many liers and RINOs in the Republican party, that it is hard to know who to vote for.
    How can the general public find WHO to vote for? Especially when they are conservative?
    Also, the Republican party should get the RINOs out of the party.

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