Why did Socialism rise in the West?

Just a little under 70 years ago if you had asked any American child who the bad guys were you would have gotten an answer somewhat along these lines: ‘the communists’ ‘Russia’ etc. Point being, everyone knew that Socialism:

A: Was morally wrong or at the very least, always inspired morally wrong acts

B: Didn’t work

But now Socialism is on the rise among my generation and Millennials. One of the main reasons is that Socialism just sounds SO much better. I admit it, Socialism sounds better. “Free” healthcare for everyone? A guaranteed basic income for everyone? Sounds great! Capitalism, by contrast, sounds so bad, individualistic, and *looks around* *whispers* conservative! *Audience gasps.* How did this big change come about? Partly because politicians made our country more and more socialistic (Social Security, Medicare, Medicaid) while at the same time not calling socialism. Now politicians say that capitalism has been tried and failed when in reality we’ve only actually had crony capitalism or even just a less pure version of socialism.

To recap, ever since FDR and his New Deal America has become more and more socialistic without even realizing it. Now we’re to a point where people say that capitalism has been tried and it failed when in reality we haven’t had real capitalism since the 1800’s.

I hope you enjoyed reading this as much as I enjoyed writing it. As always if you have any questions or comments don’t hesitate to contact me in private by heading over to the Contact Me page, or just commenting below.

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7 thoughts on “Why did Socialism rise in the West?

  1. Kudos to you, Teenage Economist, I only wish more people would take the time to become even mildly literate on economics, especiallyCentral banking and money creation by the FED. We have never had pure capitalism or socialism/communism. They have always been co-opted by corrupt elites. To my mind, we are ruled by psychopaths who have embedded their lack of values into our financial systems DNA. Corporate Personhood/Central Banking/Corp. Media being three of the pillars of their power.
    These perversions of capitalism were brought about by the stroke of a pen and can be reversed in like fashion.
    See my book on the subject here:https://www.amazon.com/Tales-Psychopaths-Playground-Memoir-Hass-ebook/dp/B072HMXXK9/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1497038058&sr=1-1&keywords=tales+from+the+psychopaths+playground

    Liked by 2 people

  2. I totally agree – I think the government as we know it is slowly shifting towards the socialist side of the spectrum because more people like us are demanding support and help for those that capitalism leaves behind. Great article 🙂

    Liked by 1 person

  3. I think socialism is probably the best for humanity. That said I’m good at capitalism, so I prefer it. I think maybe that’s common, no? If you’re successful, or hope to be, you’ll prefer capitalism. If you’re not, you’ll prefer socialism. If you’re a good capitalist but maybe a better human being than me, you may prefer socialism. I honestly think we’ll eventually end up being a global, socialist world. In the meantime those of us good at capitalism will be pretty happy. 🙂

    Liked by 1 person

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