From the Frontline-Episode 86-Is Socialism the Solution

Is Socialism the Solution?

A surprising number of people believe that concern for the poor should lead one to supporting socialist policies. Considering the consistent catastrophic failures of socialist policies worldwide, one would have thought that this humanist ideology was thoroughly discredited. However, it would appear that the lessons of history have either not been learned, or have been forgotten. Also, very disturbing is the rise of what many claim to be: “Christian socialism.” The Bible warns us that there is a way that seems right to a man, but the end thereof is the way of death. Sincerity is no proof of truth, nor effectiveness. Socialism has proved to be counterproductive. Instead of aiding the poor, it greatly aggravates any crisis and makes it much, much worse. Zimbabwe is a classic example of how socialism destroys initiative, incentive and productivity. Socialism chases away employers and investors and always leads to greater unemployment, increased consumer costs, stagnation, lower standards of living and vastly more poverty. A return to Biblical Economics is essential.

“Be diligent to present yourself approved to God, a worker who does not need to be ashamed…”

2 Timothy 2:15