The problem with socialism is that you eventually run out of other people’s money.Margaret Thatcher
Today, FoxNews reported that Bernie Sanders finally gave in to his campaign staffers’ clamoring for a $15 minimum wage. A victory for the common man, right?
Actually, quite the opposite.
Because of the hiked minimum wage, Sanders’s campaign cut its staffers hours. That means they’re not making any more than they did before. That means they’re not going to be nearly as effective in their work to get Sanders nominated.
And I think this could mean doom for Sanders’s campaign, and for the socialist movement in general.
Talk about feeling the burn. (Or is it Bern?)
To be fair to the staffers, they didn’t say anything about maintaining a 40-hour workweek. I guess they assumed that would be the case.
It’s basic supply and demand. There is no demand to justify staffers being paid $15 an hour. Therefore, when an outside entity violates the natural balance by placing a price floor on minimum wage, the supply is forced to decrease.
After all, Sanders’s campaign would go belly-up if it was forced to keep all its staffers, well, on staff at $15 an hour for 40 hours each week. They’d have to solicit more donations, probably from rich people (the same ones they hate and want to tax to death), in order to stay alive.
In this case, you’re damned if you do and you’re damned if you don’t. Socialism just got schooled.
We are socialists, we are enemies of today’s capitalistic economic system for the exploitation of the economically weak, with its unfair salaries, with its unseemly evaluation of a human being according to wealth and property instead of responsibility and performance, and we are all determined to destroy this system under all conditions.Adolf Hitler
I’m shooting from the hip here. I don’t get political on this site very often. Yet I don’t see this as politics.
I see socialism and the “gimme” mentality as a great evil that imperils not only the U.S., but the world. I see it as a broader global, social issue that could (and likely will) inevitably lead to totalitarian regimes that mimic Venezuela at best and Stalin’s Soviet Union at worst.
Here are some cold, hard facts to be learned from Sanders and his staffers:
- Some jobs just aren’t worth $15/hour.
- If the minimum wage is increased, employers will be forced to reduce the workforce or working hours in order to keep profits in the black.
- Get ready for computers and robots to replace minimum-wage workers—because they work minimum-wage jobs for free. And they don’t complain or form unions, either.
And here’s three more tough truths for good measure:
- Life is hard, and you aren’t owed anything. In fact, life is downright cruel. And you shouldn’t trust anyone, especially not the government, to take care of you. You’re fortunate to wake up and live in one of the best times in history in the greatest country on the earth. You have a relatively comfortable life because of people who worked hard thousands of years before you to bring humanity to its current state. You have opportunities people halfway around the world could only dream of.
- Instead of clamoring for a higher minimum wage, get out there and learn some skills that will make you more money. The more value you provide to others, the more money you will receive as a result. Anyone can flip burgers or solicit. Not everyone can sell homes, repair faulty wiring, or manage investments. Very few can win Oscars, perform to 10,000 people, or start world-changing companies. The more value you provide to others, the more money you will receive as a result.
- Socialism does not work. It runs counter to human nature that God created in all of us. It discourages innovation and hard work by punishing the high achievers. It encourages complacency because those at the bottom aren’t compensated according to the value they provide. There is no incentive for them to work harder if big government is always taking care of them. (If you want evidence of socialism not working, I need only point to Venezuela.)
Socialism states that you owe me something simply because I exist. Capitalism, by contrast, results in a sort of reality-forced altruism: I may not want to help you, I may dislike you, but if I don’t give you a product or service you want, I will starve. Voluntary exchange is more moral than forced redistribution.Ben Shapiro
You may say that selfishness is wrong, but at the end of the day, we’re all selfish. Even the most selfless things we do, we do because we want something out of them—whether because we want the feeling of well-being that comes from doing them, because we want to avoid the guilt we’ll feel if we don’t do them, or because we want to look good in our peers’ eyes. Socialism violates this natural human behavior of operating selfishly.
Once people understand very basic economics and human behavior… socialism will become a footnote of history.
And now, I’ll step down from my soapbox. For now.
But first, I’ll leave you with a haunting quote.
The goal of socialism is communism.Vladimir Lenin