This post was originally posted here on 15-October-2015 as well as reposted to the BudBromely blog. The author, David Chaney, first published this post on Facebook as part of his drafts on “Thoughts On Liberty”

“Capitalism is the proven economic engine of freedom. Socialism is the failed economic hypothesis of collectivism.

“The former requires private property ownership, protection of individual liberty, and free-exchange. The latter requires State or State controlled (crony) property, elimination of individual liberty, and centrally planned exchange.

“The former has enabled the greatest opportunity and prosperity for the broadest numbers of people of all genres and classes in human history. The latter has destroyed opportunity, prosperity, and the lives of hundreds of millions of individuals throughout history.

“The former works because it drives the motivation, responsibility, and character of those who desire to gain the greatest value from their own efforts, leading to the greatest exchange of market signals and information, as well as, the greatest possible innovation, invention and productivity. The latter fails because it destroys the motivation, responsibility, and character of those who desire to succeed to the best if their ability, leading to the destruction of market signals, economic calculation, as well as, the greatest plunder, tyranny, and destruction in all of human history.

“Don’t be a sucker who accepts the coercive and plundering lies of those promoting the latter for personal central planning crony gains. Believe in your own freedom and natural rights to own property, start businesses, self-determine, and freely exchange your property towards your own destiny.”

~ DM Chaney “Thoughts on Liberty” (Drafts)

If you’re not a word person and like tables instead…

CAPITALISM SOCIALISM
REQUIREMENTS
property
private ownership State or State-controlled (crony)
individual liberty
protected eliminated
exchange (commerce)
free centrally planned
HISTORICAL DIRECTION
enabled the greatest opportunity and prosperity for the broadest numbers of people of all genres and classes in human history destroyed opportunity, prosperity, and the lives of hundreds of millions of individuals throughout history
LIBERTY
Motivation, responsibility, and character of those who desire to gain the greatest value from their own efforts…
Builds & drives the above providing… Destroys the above leading to…
the greatest exchange destruction of market signals, economic calculation
the greatest possible innovation: invention and productivity the greatest plunder: tyranny & destruction in all of human history
VOTER BELIEFS
own freedom & natural rights to… accepts the coercive & plundering lies of those promoting socialism for personal central planning crony gains
start businesses
self-determine
freely exchange of  own property
own destiny

thoughts on liberty

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