Login NowClose 
Sign In to newsexaminer.com           
Forgot Password
or if you have not registered since 8/22/18
Click Here to Create an Account

Socialism has never worked, despite intentions

I believe that the new “Democratic Socialist” members of the US Congress have their hearts in the right place, but not their heads. Like them, I believe that our federal government should do more and spend more to help make the lives of our citizens better, just like our traditional allies do. However, there has never been a truly “socialist” economy in the history of the world which was ever able to produce enough wealth to meet the basic needs of its citizens. It has never worked. So, it is foolish to call yourself a socialist. You are just giving conservatives a new insult to call you.

A lot has been said about Alexandria Ocasio-Cortez’s proposal to tax the INCOME of those earning over $10 million/year by 70 percent. The problem with this is that we need to start seriously taxing accumulated WEALTH because that is where we can get enough revenue to pass a Canadian-style national health insurance program to cover and greatly help about 95 percent of Americans. I propose a “National Wealth Tax” of 10 percent on all individuals with a net-wealth and net-worth of $10 million and higher. This will generate many, many times more revenue than what Ocasio-Cortez is proposing.

It is possible that we might have a much more equal and a truly “socialist” society one day, but that day is at least 1,000-2,000 years away. We will all have to evolve and transform spiritually, emotionally and mentally into much more loving, caring, giving, empathetic, compassionate and altruistic human beings before we are ready for that. Right now, we are too individualistic, too materialistic, too selfish, too self-centered, too self-absorbed, too “full of ourselves,” and too much into believing that we are “all that” for it to work.

Because, as the philosopher Pierre Teilhard de Chardin wisely observed, humankind is presently at the spiritual, emotional, and mental level of a 12-year-old child. Sometimes I think that it is more like a 7-year-old child. And I include myself in that because I fall short of being the kind of human being that I can be and should be every day of my life.

Stewart B. Epstein, Rochester, N.Y.