sanders

Jeff Jacoby in The Boston Globe explains basic economics to the incredibly ignorant Bernie Sanders in It’s socialism, not deodorant, that starves the poor

excerpts:

“You don’t necessarily need a choice of 23 underarm spray deodorants or of 18 different pairs of sneakers when children are hungry in this country,” Sanders lamented. He didn’t explain exactly how the profusion of toiletries and athletic footwear leads to childhood hunger, but for the only self-described socialist in Congress, it is no doubt a matter of faith that the abundance of capitalism must generate poverty and undernourishment.

In the real world, the opposite is true: Hunger and deprivation are rarest where markets and trade are freest. Food in America couldn’t possibly be more plentiful; no one starves because too many economic resources are being channeled into marketing Old Spice instead of oatmeal. But in the socialist delusion, centralized control is always preferable to voluntary enterprise. Better that government czars should decide what is produced, and impose their plan from above. After all, when buyers and sellers are left free to choose for themselves, grocery and department store aisles fill up with “too many” goods that consumers desire to buy. And that’s not the worst of it: In the process of fulfilling those desires, some capitalists may be getting wealthy.

HKO

“We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men.”  George Orwell

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