If you were born and raised in the good ole U.S. of A, your world has always been padded with democracy, free market, freedom of speech etc. We hear about battling for the preservation of our liberties, socialism, communism, dictatorships, and revolution, but our lives have been charmed enough to never experience any of that. Maybe that’s one reason that as a country, we’re as complacent about the seeds of change being planted by politicians; we have no real negative emotion to send us reeling from anything that threatens our freedom.
It stands to reason that since most of us know nothing of socialism, maybe we should listen to someone who does. Thomas Peterffy is a Hungarian-born American entrepreneur who was born in Budapest, Hungary in 1944, in a hospital basement during a Russian air raid. He emigrated to the United States as a refugee in 1965 and now has a net worth of about 13.8 billion dollars.
Here’s what he had to say back in 2012 about socialism and what’s happening in America today:
Peterffy says something very interesting “Yes the rich become poorer, but the poor also become poorer.” Inevitably, if someone objects to a socialist policy of some kind, our American privilege gets thrown back in our own faces as if it’s the absolute proof of selfishness. It’s as if you’re not allowed to have an opinion about the economy once you’re successful enough to have a car and a house. Now the people who are poorer than you have to get their piece of the pie.
Nobody wants the ultra rich to stack the deck in their favor, I get that. But it seems to me that if we let the unsuccessful in business decide how we’ll run the show, that would be kind of like letting the passengers fly the jet; sure they know where they want to go, but all those buttons and knobs are just going to overwhelm them and they’ll crash (and probably blame the pilot for it).
[…] H/T: Yes I Am Right […]