by: Brent Smith at the Common Constitutionalist
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Socialism never works. Look at a country like Brazil. Brazilian journalist Felipe Moura Brasil explained all about the rise and fall of his country in a segment at Pragar-U online.
In the early 2000s Brazil was a burgeoning capitalist nation. Inflation, something that plaques all socialist paradises was drastically reduced and the government had decided to give up or at least pare down its hold over many “state-run” companies. They were moving toward a free market – toward capitalism. Things were looking pretty good for Brazil.
In 2006 Brazil became one the famous BRIC nations, and American and other private investors poured their investment dollars into Brazil, looking to get in on this new free-market boom. BRIC was a group of four “emerging market” nations ripe for private investment. BRIC stands for Brazil, Russia, India, China. Not so much any more.
But they made one big mistake. You see, in a truly free society, while most succeed, some will be left behind. It’s just the way it is and has always been. Not everyone has equal talents, nor is everyone equally industrious. Politicians love to focus on these free-market inequities. They prey on the guilt of the more industrious and convince the rest that through a transfer of wealth, all can share in the bounty. Sound familiar. Are you “Feelin the Bern?” read more