Thursday, June 6, 2019

Like a Book, judge Socialism by its Content

Clifford D. May wrote a strange column in which he criticized Socialism without explaining the economic theory behind it or the financial system that powers it. Weird.

The title of the column is: “Socialism rises from the grave,” which also came under the subtitle: “A one-time believer examines man's most ambitious attempt to rival and supplant religious faith.” It was published on June 4, 2019 in The Washington Times.

Aside from his observations with regard to the current political scenes in both America and Britain, Clifford May has relied almost entirely on a book that was published by the “one-time believer,” Joshua Muravchik –– to compose his argument. He begins the discussion by asserting that “socialism had taken many forms throughout Europe, Asia, Africa, the Middle East and Latin America [and] failed … but like a zombie in a horror movie, it rose from the grave”.

May expresses the fear that the self-declared socialists, Jeremy Corbyn that heads the Labor party in Britain, and Bernie Sanders who is among the leading candidates running to be president of the United States –– have a chance, however small it may be, to get elected. To show that this would be a bad idea, Clifford May played his trump card. It went like this: “Both politicians have praised the Soviet Union, Cuba, Nicaragua, and neither has been distressed by the impact socialism has had on Venezuela, which possesses large oil reserves, and where the population lives in poverty”.

Well then, this would have been the right moment for Clifford May to explain in depth what socialism represents as an economic theory and a financial system, and why it has failed in all those places, especially in Venezuela, which is so much in the news these days. But our author did none of that … though he hinted inadvertently as to what it might be.

In fact, Clifford May did so when he mentioned that Sanders supported the late president of Venezuela, Hugo Chavez, and that Corbyn eulogized him when he died “for showing that the poor matter and wealth can be shared.” So that's it then; we are to understand that socialist economics takes care of the poor, and that the financial system to which it adheres, is based on sharing the wealth.

What May has failed to do, however, was to show how that system has led to the failure of the Soviet Union, Cuba and Nicaragua, not to mention Venezuela which sits on a massive reserve of oil wealth. Instead of doing that, Clifford May brought out the fact that Muravchik, who wrote the book that inspired the column, grew up socialist but turned against it when he studied history and discovered that socialism had become a kind of religion that led to horror.

It all started with the French Revolution that served as the crucible of socialism, according to Muravchik, but the experiment culminated in the Napoleonic bloodbath. From there, it went on to become the Marxism that created famine throughout the land, as well as the deprivation of the labor camps. This was followed by Fascism and Nazism whose bloody history escapes no one's attention, according to Muravchik and May.

But how to explain some apparently successful stories which are based on socialist philosophy?

Take China for example. Clifford May says it has developed a “socialist market economy that permits entrepreneurship and private ownership.” This made it possible for China to create wealth, he goes on to say. But then, he dismisses the achievement by claiming that China's distribution of the wealth is among the most unequal in the world. It is a good thing he did not say that it is singularly the most unequal because then, his argument would have been rejected outright.

The reality is that the world is going through a period known as globalization during which the rich are getting richer fast, and the poor are not catching up as fast, though they are doing better than ever before. Of all the people that were lifted out of poverty and allowed to join the middle class, the Chinese have been the luckiest. Thus, anyone that dismisses half a billion people going from abject poverty to a decent level of living, ought to take a course in perspective. If there isn't such a course, there ought to be one.

Aside from China, Clifford May has mentioned the Nordic countries. He falsely claimed they experimented with socialism that didn't work, so they returned to capitalism and created the wealth which they used to implement the socialist system that socialism had failed to produce. What? Run that by me again, Cliff!

In any case, the writer went on to say, that socialism isn't what Jeremy Corbyn or Bernie Sanders have in mind.

This means that whatever you may think of the Nordic model of socialism, Clifford May wants you to know it isn't the one that Jeremy Corbyn or Bernie Sanders intend to implement in their respective countries should they get elected. And so, good or bad, forget about the whole thing. Weird.