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Jeffery David Whippo Explains Socialism and Why It Does Not Work

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Jeffery David Whippo Explains Socialism and Why It Does Not Work

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Jeffery David Whippo explains socialism and why it does not work. The assurance of prosperity, equality, and security with socialism follows poverty, misery, and tyranny. Jeffery believes that it removes human inventive from our lives. Under this, incentives either play a minimal role or are ignored totally. Failing to emphasize incentives, socialism is a theory inconsistent with human nature and is doomed to fail.

Jeffery David Whippo explains socialism and why it does not work. The assurance of prosperity, equality, and security with socialism follows poverty, misery, and tyranny. Jeffery believes that it removes human inventive from our lives. Under this, incentives either play a minimal role or are ignored totally. Failing to emphasize incentives, socialism is a theory inconsistent with human nature and is doomed to fail.

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Jeffery David Whippo Explains Socialism and Why It Does Not Work

  1. 1. Jeffery David Whippo Explains Socialism and Why It Does Not Work Jeffery David Whippo explains socialism and why it does not work. The assurance of prosperity, equality, and security with socialism follows poverty, misery, and tyranny. Socialism may show early signs of success; it has always proven to be a formula for tyranny and misery. Justifying why socialism does not work, Jeffery believes that it removes human inventive from our lives. Under this, incentives either play a minimal role or are ignored totally. Failing to emphasize incentives, socialism is a theory inconsistent with human nature and is doomed to fail. Overall, it is based on the theory that incentives do not matter. Socialism constantly lures with an offer: “give up a little of your freedom and you will get a little more security”. Although this offer seems tempting, but it never pays off. We end up losing both freedom and security. This makes it important to be vigilant in the fight against socialism globally. In other words, Jeffery D Whippo states that socialism deprives of freedom and liberty. On the contrary, capitalism plays a major role in the revival of prosperity as it nurtures the human spirit as well as promotes the spirit of enterprise. It creates wealth by providing a powerful system of incentives that promotes hard work and efficiency. Jeffery further explains that socialists condemned capitalism by alleging that it features exploitation, inefficiency, and domination. Jeffery David Whippo concludes that the failure of socialism in the countries worldwide can be traced to one critical defect; it is a system that ignores incentives.

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