From freedom to socialism to societal catastrophe, there are only nine stages
What does snake taste like : The word “socialism” is suddenly all over the place. The transition from a free society to socialism, on the other hand, does not happen immediately.
It’s a step-by-step procedure that starts slowly and finishes abruptly.
These are the actions to take:
The first step is for the government to spend a lot of money. Government is at the heart of socialist economies, and massive spending projects are common.
Sweden, which is generally referred to as a socialist country, spent more than 70% of its GDP in the early 1990s.
Government spending accounted for about 2% to 3% of the economy under President Jefferson.
We are now at 36%. Sweden has lowered its spending share to slightly over 50% as it moves away from socialism.
Future communist regimes will be built on three pillars: government education, pensions, and medical care (almost cradle to grave spending).
Obama once stated that a governing majority of individuals who rely on the government can be formed.
Elizabeth Warren is now advocating for “universal child care,” which would further increase this reliance.
Step 2: Incentives are reduced by massive tax systems. Increased tax burdens are inextricably linked to increased spending.
Throughout history, tax systems have evolved from being basic to becoming complex and burdensome.
According to historian Will Durant, by the end of Diocletian’s socialism, taxation had “risen to such heights that men lost the incentive to work or earn, and an erosive context had begun between lawyers finding devices to evade taxes and lawyers formulating laws to prevent evasion,” leading Romans to flee, seeking “refuge among the barbarians.”
Few people can handle their own taxes since our tax system is so confusing and extensive.
Politicians are threatening large income tax hikes, wealth tax confiscation, and penalties for individuals who want to leave the nation because they are dissatisfied.
Step 3: Economic Stagnation as a Result of Reduced Growth. The European Union, which included socialist and semi-communist governments, has had essentially no economic growth in the last 20 years.
While our governments have grown to 36 percent of the economy and imposed trillions in regulations over the previous 60 years, our growth has slowed from an average of 4% to 2%.
Step 4: Deficiencies Government debt as a proportion of GDP is about 180 percent in semi-socialist Greece, which was once on the verge of collapse.
That’s the equivalent of having nearly double your income in credit card debt.
In the United States, the debt-to-income ratio has risen to about 106 percent in the recent decade.
The fifth step is for governments to print money. Governments print money to pay for programmes, unconcerned about deficits or debt.
Inflation occurs when governments expand the money supply above what is required for economic growth.
In communist Venezuela, inflation is anticipated to reach a million percent this year.
To put it another way, its money isn’t worth the paper it’s printed on.
Step 6: The government sets prices and declares when goods are available for sale.
For socialist Rome, Diocletian established wage and price restrictions.
People in Venezuela are only allowed to shop on specified days, and shopping malls are only allowed to open two days per week.
We had gas rationing and double-digit inflation in the 1970s, which we don’t have anymore.
Step 7: The Rise of Underground Economies The underground economy grows in size when taxation, expenditure, inflation, and regulations become more oppressive.
Because paper money has lost its value, people have resorted to bartering.
The subterranean economy in Greece is claimed to account for more than 20% of the total GDP.
The United States, on the other hand, has a rate of roughly 5% to 6%.
Step 8: Society’s Fabric is Teared by Class Warfare. When economies stagnate, historically, class warfare (the battle between haves and have-nots) begins in earnest.
If there is enormous wealth inequality, this reaches a perilous pinnacle during prolonged economic stagnation.
Plato portrayed ancient Greece as “two towns… one the city of the poor, the other the city of the rich, the one at war with the other.”
The “poor schemed to despoil the affluent through law and revolution [and] the rich organised for defence against the poor,” according to Durant.
The severe class battle in Ancient Greece comprised not only government redistribution, but also a fear of “democracy as empowered envy” — a certain conclusion in the United States if the Electoral College is abolished.
Step 9: Complete Societal Chaos. When the statutory ransoming of the rich’s possessions was insufficient, debtors assassinated creditors, like in Mytilene.
Venezuela is currently on the verge of utter societal breakdown, with tens of thousands of people attempting to exit the nation due to a socialist dictatorship, a developing police state, empty store shelves, little medicine, and even less order.
These are the procedures. They don’t always happen in that sequence, and they frequently happen in combination. They also don’t have a set schedule.
While they take time to develop, the rush towards the end, as we have seen in Venezuela, can be rather quick.
Along the way, the government’s power expands, while citizens’ liberties dwindle.
Socialism is frequently launched by a people’s vote that has been fooled, but it is eventually perpetuated by force.
Currently, the United States is not a socialist country. Our economic life is still very decentralised, which is essential for maintaining a stable republic.
We do, however, have a lot of government programmes. If spending continues to rise at the same rate as it has for the past 20 years, socialism will become a reality.
The implementation of “Medicare-for-all,” which is expected to cost $3.2 trillion per year, would drive our expenditure as a percentage of GDP much above 50% and increase our debt even more.
Of course, history does not follow a predetermined path. Wise leaders have guided civilizations away from disastrous decisions, as Sweden has done today.
The fall of the Roman Republic and the rise of Greek democracy, on the other hand, continue to serve as stark warnings to huge governments like ours.
Only a fool would rush into even more government spending and irreversible government dependency.
Instead, the sensible should work to reduce government in order to avoid the socialist blunders of the past.