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Jim Cook



Every once in a while I switch the TV channel from Fox to CNBC to see what the liberals are saying.  After listening awhile I get a deep sense of hopelessness and foreboding for our country.  The most important thing for the left is giving money to people.  They are happy to see the growth of food stamps, disability payments, housing subsidies, free healthcare and all the other welfare benefits.  They utterly fail to see the damage it is doing to the recipients.  Whole cities that once flourished have deteriorated into rotting eyesores populated with shambling hulks of chemically dependent drones.  These people are no longer employable.  They have become incompetent and helpless and the liberals can’t see that it’s their doing.

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The Best of Jim Cook Archive

Best of Jim Cook
July 7, 2017
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The Minneapolis Star-Tribune (a left wing newspaper) featured a quote on the Sunday editorial page that claims without intensive regulation “capitalism is a menace to society.” From the end of the Civil War in the U.S. to WWI government regulations barely existed. This laissez-faire capitalism catapulted living standards upward and generated a host of new products and services that fostered the good life in America. At the same time, unbridled capitalism eliminated starvation within the U.S. and greatly extended lifetimes. Capitalism and progress are synonymous. Socialism and starvation are also synonymous.

Nor is it capitalism that has murdered 200 million people. It’s the socialist philosophies promoted by the radical left.  The liberals in this country adored Fidel Castro and the murderous Che Guevara. They are having a tough time swallowing Maduro in Venezuela and they avoid trying to explain why socialism doesn’t work there. The left never learns from real life events.

Liberals like to claim they are not socialists. However, they want the government to run things and control the free market system. Unfortunately, there is no half-way between capitalism and socialism. There is only a gradual transition from capitalism to socialism. The mixed economy is a slippery slope to big government and collectivism.

The great economist Ludwig von Mises stated it succinctly, “Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of plenty upon the common man. It has raised the average standard of living to a height never dreamed of in earlier years. It has made accessible to millions of people enjoyments which a few generations ago were only within the reach of a small elite…Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods….The issue is always the same: the government or the market. There is no third solution… A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.”