By Anang Pal Malik Is it that if government becomes effective, there is no corruption in PDS, etc., and governance becomes world class, and persons manning the government become totally selfless and integrity personified; Socialism will succeed? No, it will not. Because Socialism is based on two fallacies: 1. Money exists on its own. It doesn’t. Money is just a receipt for the work done by a man. Receipt with which he buys somebody else’s that portion of work, which he needs and other has surplus of it and wants to sell. If nobody is working, there won’t be any money, even if government presses work overtime to print those currency notes. 2. The rich are just those who have gathered more money (which exists on its own and in fixed quantities), and are hoarding it. And if government takes some part of it and spends on the needy all will be well. In reality, rich have earned their money, not gathered it from the thin air, and are spending their money all the time. They are not eating currency notes. They instead buy real food with those notes. The only difference is that they spend the money on those who work for them-persons who make houses for them, who prepare food for them, who draw the paintings they buy, who make the jewellery they buy, who make the cars they buy.
Socialism Is A Mathematical Impossibility
Socialism Is A Mathematical Impossibility
Socialism Is A Mathematical Impossibility
By Anang Pal Malik Is it that if government becomes effective, there is no corruption in PDS, etc., and governance becomes world class, and persons manning the government become totally selfless and integrity personified; Socialism will succeed? No, it will not. Because Socialism is based on two fallacies: 1. Money exists on its own. It doesn’t. Money is just a receipt for the work done by a man. Receipt with which he buys somebody else’s that portion of work, which he needs and other has surplus of it and wants to sell. If nobody is working, there won’t be any money, even if government presses work overtime to print those currency notes. 2. The rich are just those who have gathered more money (which exists on its own and in fixed quantities), and are hoarding it. And if government takes some part of it and spends on the needy all will be well. In reality, rich have earned their money, not gathered it from the thin air, and are spending their money all the time. They are not eating currency notes. They instead buy real food with those notes. The only difference is that they spend the money on those who work for them-persons who make houses for them, who prepare food for them, who draw the paintings they buy, who make the jewellery they buy, who make the cars they buy.