"Grandpa, why are you so opposed to Socialism?"
Grandpa just grinned as he responded, " Because, boy, I have more confidence in myself than I do in the government when it comes to providing for my family. That is the simple answer. "
With this said he paused to allow that to sink in my thick head. Then he spoke again and here was what he said;
"Free Enterprise is an economic system of the people, by the people and for the people. It is a system where people make the decisions for their lives. It is a system where people must accept responsibility for their own decisions. And in doing so a person reaps the rewards of their own good decisions but also they must accept the consequences of any bad decisions.
Socialism is an economic system of the government, by the government and for the government. It is a system imposed upon a society by government dictates. It is a system with the intent and purpose of spreading responsibility upon society as a whole with the few making decisions for the whole. It is a system where the few get credit for good decisions but the whole must accept the consequences of the bad decisions.
The difference between free enterprise and socialism are many but there is one significant difference. Free enterprise is an economic system that evolves naturally in a society. It is an 'you have something I want and I have something you want, let’s trade' system. And each party equally profits from that trade.
Socialism is a government imposed form of economic system. It is a government takes and government gives as it sees ability and need. Affordability is the foundation of this form of economic system. Since affordability is the determinant it imposes a forced inequality upon a society.
Free enterprise feeds the competitive spirit of man. In order to survive it only needs to recognize the opportunities of life and an attitude of 'can do'. It emphasizes the individual’s role in society. And the appitite of the spirit is never sated
Socialism feeds upon the lack of security that man feels. In order to be imposed it must create a perception of the lack of opportunities and a 'can’t do' attitude. Socialism relies on persuading certain groups that they are the exploited of another group. Socialism advocates victimization.
Now, boy, don't get me wrong. your grandfather thinks that Karl Marx was unique in his thinking and I admire him for it. His ideas has been taken on by many students of society as well as many students of politics as all ideas will that appear to solve the problems of any society. but that is as far as I'll go with my admiration and respect for the man. His ideas may have pointed out flaws but his solutions are the least perfect of any other form of economics. They deprive the spirit of men of the food it needs so that men may live as men should. And when the spirit dies so does the man."