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The Lure of Socialism

BernieSandersMany people of mature years are amazed at how many young people have voted for Senator Bernie Sanders, and are enthusiastic about the socialism he preaches.

Many of those older people have lived long enough to have seen socialism fail, time and again, in countries around the world. Venezuela, with all its rich oil resources, is currently on the verge of economic collapse, after its heady fling with socialism.

But, most of the young have missed all that, and their dumbed-down education is far more likely to present the inspiring rhetoric of socialism than to present its dismal track record.

Socialism is in fact a wonderful vision — a world of the imagination far better than any place anywhere in the real world, at any time over the thousands of years of recorded history. Even many conservatives would probably prefer to live in such a world, if they thought it was possible.

Who would not want to live in a world where college was free, along with many other things, and where government protected us from the shocks of life and guaranteed our happiness? It would be Disneyland for adults!

Free college of course has an appeal to the young, especially those who have never studied economics. But college cannot possibly be free. It would not be free even if there was no such thing as money.

Consider the costs of just one professor teaching just one course. He or she has probably spent more than 20 years being educated, from kindergarten to the Ph.D., before ending up standing in front of a class and trying to convey some of the knowledge picked up in all those years. That means being fed, clothed and housed all those years, along with other expenses.

All the people who grew the food, manufactured the clothing and built the housing used by this one professor, for at least two decades, had to be compensated for their efforts, or those efforts would not continue. And of course someone has to produce food, clothing and shelter for all the students in this one course, as well as books, computers and other requirements or amenities.

Add up all these costs — and multiply by a hundred or so — and you have a rough idea of what going to college costs.

Whether these costs are paid by using money in a capitalist economy or by some other mechanism in a feudal economy, a socialist economy, or whatever, there are heavy costs to pay.

Moreover, under any economic system, those costs are either going to be paid or there are not going to be any colleges. Money is just an artificial device for getting real things done.

Those young people who understand this, whether clearly or vaguely, are not likely to be deterred from wanting socialism. Because what they really want is for somebody else to pay for their decision to go to college.

A market economy is one in which whoever makes a decision is the one who pays for that decision. It forces people to be sure that what they want to do is really worth what it is going to cost.

Even the existing subsidies of college have led many people to go to college who have very little interest in, or benefit from, going to college, except for enjoying the social scene while postponing adult responsibilities for a few years.

Whether judging by test results, by number of hours per week devoted to studying or by on-campus interviews, it is clear that today’s college students learn a lot less than college students once did. If college becomes “free,” even more people can attend college without bothering to become educated and without acquiring re any economically meaningful skills.

More fundamentally, making all sorts of other things “free” means more of those things being wasted as well. Even worse, it means putting more and more of the decisions that shape our lives into the hands of politicians and bureaucrats who control the purse strings.

Obamacare has given us a foretaste of what that means in reality, despite how wonderful it may sound in political rhetoric.

Worst of all, government giveaways polarize society into segments, each trying to get what it wants at somebody else’s expense, creating mutual bitterness that can tear a society apart. Some seem to blithely assume that “the rich” can be taxed to pay for what they want — as if “the rich” don’t see what is coming and take their wealth elsewhere.

COPYRIGHT 2016 CREATORS.COM

Photo credit: “Bernie Sanders (20033841412 24d8796e44 c0)” by Nick Solari – flikr. Licensed under CC BY-SA 2.0 via Commons.

Thomas SowellThomas Sowell is a senior fellow at the Hoover Institution, Stanford University.

The views expressed in opinion articles are solely those of the author and are not necessarily either shared or endorsed by Black Community News.

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2 comments

  1. He says you have a right to free education, free healthcare, however I do not see those rights spelled out in the constitution. I do see Freedom of Speech that colleges want to stifle, I do see freedom to own a gun that politicians are trying to take away.

    My other question on free education is: Will there be requirements for who qualifies, and if you drop out do you have to pay the money back, are there standards and grades you have to keep to keep going to college or do you become a professional student and never get a job? I see in high school education being wasted on some that don’t want to be there but due to the ACLU they have to stay in school and interrupt the education of those that want to be there, will they then go to college and do the same? If free college does that mean free meals, clothing and spending money while you are in college.

    Folks get out and work for it, as truly it is not free, someone is paying for it, just not those that want it free.

  2. When Bernie says “free” he means paid for by taxes… kinda like police, firefighters, public schools, libraries, defense, the post office, the FBI, the CIA, roads, and bridges. Not literally “nobody pays anything”.

    Also ObamaCare isn’t socialism since the public option got dropped, it’s just an private sector boondoggle now. Half of the medicaid expansion got flat out rejected too.

    I also can’t believe everyone keeps mentioning Venezuela… as if they set the bar for what’s possible and forgetting that the country was extremely unstable and on the verge of collapse before the socialists took control. Why is their inability to fix their country a better example than socialist programs in the rest of the industrialized world, like Canada, the UK, Australia, Germany, Sweden, Denmark, or even socialist programs that already exist in the US?