Capitalism vs. Socialism - The Real Story

 
By Ray Peach

On January 11th 2012, Stuart Varney from the Fox Business Network defended Mitt Romney’s career at Bain Capital in a report called Capitalism vs. Socialism. However, when Texas Governor Rick Perry claimed that Obama was a socialist, the Socialist Party USA claimed that Obama wasn’t a socialist at all saying,

“Socialists know what Obama is: another corporate funded politician placed in the White House to protect the wealth and status of the 1 percent.”

Others deny Obama is a socialist by quoting the dictionary definition, and then asserting he doesn’t meet that definition. In another twist, the GOP strategist Frank Luntz attacks Capitalism saying,

“[The] use of the term ‘Capitalism’ is not healthy to conservatives and the term should be removed from the Republicans’ vocabulary.”

So the question is: who is right? This is the first in a series of articles, which will answer that question. To understand that answer, we will begin with the first known example of socialism – and it’s earlier than you may think.

Part 1: Capitalism vs. Socialism - The Real Story

Part 2: The Rise of Christianity

Part 3: The Rise of Socialism

h/t Right Side News

Rejecting Capitalism, on Religious Grounds By Discover The Networks

The Catholic Worker Movement condemns capitalism for “pitting owners against workers,” “widening the gap between rich and poor,” and infecting the human heart with “spiritual destitution.”

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