How Socialism Works: Seattle’s Socialist Councilmembers Now Collectively Worth Millions

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.