Bernwashing and American corporatocracy
by Tara Paras
If tweets, shares and hashtags are any indication, then there’s no
doubt that Democrat presidential candidate Bernie Sanders has managed to
capture a huge chunk of 2016’s millennial voting block. Voters have
lapped up Sanders’ promises of mandating high-paying jobs, rallying
against overseas outsourcing and ending the Drug War. His solution: a
renewed sense of socialism in America, and of course, wealth
redistribution.
The problem, however, is that no matter how appealing Sanders’ proposals may sound, his ideas are flawed.
Taking money away from people who produce goods and services and
redistributing money to those who intend to do nothing but spend it, can
never create economic growth and prosperity. Real economic growth
involves people taking risks and creating something productive. His idea
of socialism will fail because it takes away the incentive for people
to strive harder. Soon, they will realize that they don’t have to work
as hard to get the same amount of stuff. What happens to our economy,
then?
