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Why socialism sickens and capitalism cures

Vance Ginn writes about the benefits of capitalism in The Washington Examiner.

The C3 Take
  • Socialism has grown in popularity, especially among young people who believe that it will better address issues such as climate change.
  • Instead of socialism, we should turn to economic freedom which is the most effective tool to reduce emissions and improve livelihoods.
  • Capitalism has pulled billions of people out of poverty worldwide while creating the innovations that are needed to lower greenhouse gas emissions.
  • Moving forward, policymakers should unleash policies rooted in economic freedom to make meaningful climate progress.

“Capitalism, with a free market economy of voluntary exchange and limited government, allows spontaneous order with a well-functioning price system to best allocate resources to those who value it most. This results in a compassionate system for people rather than for politicians.”  

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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