Many young American adults seemingly believe that capitalism is failing to lift the economic boats of a majority of its citizens. They believe that it is only benefiting the wealthiest Americans, the top one percent. Theses young American adults are beginning to listen to socialist leaning politicians, and embrace their philosophy and beliefs of socialism.

“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery”.— Winston Churchill

However, socialism is not the solution to American’s woes of unequal sharing of economic prosperity and vast unequal distribution of wealth. Americans only have to look in its own Western Hemisphere backyard at the failed economies of Cuba and Venezuela for glaring examples of socialism grandiose failures. In both countries, socialism proved once again that its “…inherent virtue is the equal sharing of misery”. They stand as reminders just like the economies of the former Soviet Union and East Germany, and the pre-capitalist economy of People’s Republic of China of last century prove that socialism simply does not work.

Winston Churchill once said: “No one pretends that democracy is perfect or all-wise. Indeed, it has been said that democracy is the worst form of government except all those other forms that have been tried from time to time.” And, capitalism is a lot like democracy, it’s the worst form of economic system except all those other economic systems that have been tried from time to time, according to John Hope Bryant on CNBC Morning Squawk.

“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.” -Winston Churchill

Former Prime Minister Churchill further stated that “The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.” In socialist countries, government officials seize and exercise central control of the means of productions and take ownership or embezzled most of their society’s wealth. 

In 2019 America, the country must find someway for all Americans, not just the wealthy and political elite, to share in the nation’s prosperity brought about by capitalist economy.