So it turns out that Barack Obama just told some young people in Argentina that they should not get caught up in the difference between capitalism and communism/socialism <Washington Times, link>.
So often in the past there’s been a sharp division between left and right, between capitalist and communist or socialist. And especially in the Americas, that’s been a big debate, right? Oh, you know, you’re a capitalist Yankee dog, and oh, you know, you’re some crazy communist that’s going to take away everybody’s property.
And I mean, those are interesting intellectual arguments, but I think for your generation, you should be practical and just choose from what works.
So mr. Obama is promoting the notion that the differences between capitalism and communism are merely “intellectual” and not affecting the every day life of the average citizen?
But let’s not be surprised by this sophistry — this is a man, after all, who told Americans on many occasions that he would redistribute wealth and pursue an openly statist agenda.
The good news is that there is a great video on the difference between capitalism and communism / socialism — it’s fun, informative, and downright entertaining as it lays waste to the nonsense being spewed by so many Liberals and “Progressives” who “hate capitalism” and now say that we should all “resist capitalism”.
If you have friends who fail to understand what capitalism is and why it is better than socialism and communism, then try to get them to watch this entertaining discussion of it.
If they watch to the end, they just might start to understand.