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Billionaires Love Socialism - The Animating Contest of Freedom

Billionaires Love Socialism

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Nick Russo      December 19, 2014

One is impressed immediately by the sense of national harmony…. Whatever the price of the Chinese Revolution it has obviously succeeded… in fostering high morale and community purpose. General social and economic progress is no less impressive….The enormous social advances of China have benefited greatly form the singleness of ideology and purpose…. The social experiment in China under Chairman Mao’s leadership is one of the most important and successful in history.”  David Rockefeller New York Times, 8-10-1973. (imaged Above)

“The main enemy of the open society, I believe, is no longer the communist but the capitalist threat” George Soros.  See Here

The social experiment that killed 40-70 Million Chinese citizens is “one of the most important and successful in history”?

You can read quotes like these for days from billionaires all over the world.  Why is it that so many extremely wealthy capitalists praise Socialism and Communism whenever they get a chance?  These egalitarian and re-distributive systems seem to be in direct conflict with individuals who have amassed so much wealth and power.  Why would they want to promote these economic systems?

The key to understanding this paradox is to come to the realization that Socialism and Communism are not systems of re-distributing wealth, but are systems designed to control and consolidate wealth.  Socialism and Communism use political power to exercise control over wealth.  He who has the political power controls the wealth.

The best book written on this topic of Socialism and Communism as systems of consolidating wealth in the hands of the politically powerful is Gary Allen’s “None Dare Call It Conspiracy” written in 1971.  The quote below sums it up very eloquently:

“If one understands that socialism is not a share-the-wealth program, but it is in reality a method to consolidate and control the wealth, then the seeming paradox of super-rich men promoting socialism becomes no paradox at all. Instead it becomes logical, even the perfect tool of power seeking megalomaniacs. Communism, or more accurately socialism, is not a movement of the downtrodden masses, but of the economic elite.”

Socialism and Communism are really just Government-Industry Partnerships.  The government simply chooses the companies (their cronies) who get the contracts for all the “public” services i.e. health care, food, utilities, etc.  The government controls everything and a few bureaucrats and their cronies amass billions of dollars of wealth.  In the twentieth century, it was known as Fascism-it’s been re-branded.



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