For those looking to understand and explain Socialism to young ideologues who believe rich capitalists’ greed is the problem, the two subjects of this article provide your perfect example. Socialism represents that point on the the slippery slope as capitalism devolves past crony capitalism when the political class decides to reapportion the wealth and power of capitalist producers to themselves because they think they can and will do better with it to help society. The first step is to syphon off wealth to themselves via creative means, as deftly executed by the subjects in this article. A later step is to re-assign actual ownership of the performing assets in the economy to the government itself, which is what is known as communism. The distance between crony capitalism and socialism is short and difficult to reverse. The evolution from free market capitalism to crony capitalism is nearly inevitable and a process well underway in the west, which will be a great misfortune for future generations.
How Socialism Works: Seattle’s Socialist Councilmembers Now Collectively Worth Millions
My Northwest
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Socialists on the Seattle City Council have taken advantage of our capitalist system, getting wealthy off the low-income voters they claim to fight for.
In fact, Socialists Kshama Sawant and Tammy Morales are collectively worth over $3.5 million. In Washington state, they’re both one-percenters: the very people they regularly demonize.
Councilmembers must submit financial disclosure forms every year. It allows the public to see any potential conflicts of interest. But it has the added bonus of highlighting how many get wealthy off their socialist grift. It turns out, the only way socialism works, apparently, is selling your brand to kids who live at their parent’s homes, while convincing them to give you more power.
Councilmember Sawant has built a brand over demonizing the rich. But while she drums up anger amongst her cult-like followers of 20-something Antifa radicals and local college professors, Sawant and her husband get rich.
