Socialism is a failure system. Included in this broad category are hardcore Communism and Socialism, and soft core Progressivism.

The problem with Socialism runs far deeper than Margaret Thatcher's famous observation that it finally "runs out of other people's money." And, I think it's vital, that whatever our involvement in the markets is, we recognize the spiritual basis of all wealth and prosperity.

The "fatal flaw" of Socialism -- and I hope you don't stop reading because you think I'm veering off into a religious diatribe -- is that it is anti-spiritual. 

Please bear in mind that religion is not synonymous with spirituality. Religion deals with man-made systems; spirituality with universal, self-existant First Causes... Principle, Ideas, Truth.

Remember the term used so often during the Cold War--"Godless Communism." That isn't true. Socialism isn't godless. Socialism aims at replacing God (and I will expand on my God-concept in a moment)by crowning itself--the State--with god-like status and powers. 

Socialism is a jealous god, wanting no other gods before it.  Socialism

demands all from its worshippers(citizens), and leads them to believe that it will provide for their total welfare and well being. So, it would be inaccurate to claim that Socialism is godless.

When I say, "God," I mean the Creative Mind Principle that drives visible and invisible Being... not an individual anthropomorphic being ruling Earth from a throne "up" somewhere in the sky.

Creative Principle enters into everything...and everyone--even its deniers. We experience It in operation as Life, Love, Wisdom, Power, and Substance--Ideas that can be productively employed by anyone, but subject to no one.

Creative Principle governs all minds and all systems devised by mind, including economics. The primary and ceaseless activity of this Law is inescapable Cause and Effect, which operates as cyclic Receiving and Giving and Receiving. This Law is as sure as Inhaling and Exhaling or Newton's Law of Action and Reaction.

Socialism has two focal failure points. The first is its God-view, which denies any higher Authority or Source than itself. The second failure point is its view of humanity.

Socialism is dishonest, and dishonesty is a flaw that no amount of propaganda, deception, dissembling, and pretense can ever make good. Socialism holds that the State is Superior; the individual Inferior to the State. Individuals, so the propaganda goes, have no meaning, purpose, or power other than as little cogs in the Big Wheel of State.

Remember when, "It takes a village to raise a child" was offered as a replacement for loving, responsible parents?  Pure Stateism.

The fallacy is obvious...The State is not Self-Existant, and is simply another man-made--manufactured--system that elevates and isolates its creators and appratchiks into an elite segment of a social structure that professes equality.

Socialists are materialists, and materialists fallaciously proclaim that the earth is the cause and effect of everything. But, the earth is the material--visible, tangible--effect of spiritual--invisible, intangible--Cause. Even materialists must employ spiritual Ideas and Laws--Life, Love, Light, Power, and Substance--to create, form, and distribute "things" of this world.

Socialist systems are, in spite of their grandiose self-adulation, as faulty as idols with feet of clay. Since Socialism is blind to its own defects, it can only lead by convincing its subjects that they are even more defective. Such a system ultimately implodes because one of the inexorable universal Laws is that "error destroys itself." False systems extolling false values have no place to go but down.

Capitalism has the universal Law of Cause and Effect going for it.  The Law says, "Give something, and receive something of equal or greater value." It the "Chicken and Egg" issue all over again. Which comes first, giving or receiving? It doesn't matter.  Which side of the coin is most important?  Is inhaling more important than exhaling? 

Criticism is being heaped on Capitalism--I suspect by those who'd like to distract attention from the fatal flaws of Socialism. Capitalism is subject to greed...and to the resultant extremity of cut-throat competition, hoarding, and inequity. But remember that Socialism is no stranger to greed, and that it has its own built-in guarantee of inequity.

In my view, Capitalism relies on the Creator's creativity expressing freely though "the individual." And, every individual is divinely engineered to think creatively. Creative thought gives Ideas expression as invention and innovation.  Invention, innovation, ingenuity, and service generate giving.  Receivers give back to the givers of products and services. All prosper. A thriving "Supply, Demand, Supply" economy is born...and is far removed from the ludicrous excesses of Central Planning.

Give me Capitalism any day! In my opinion America won't be great again until honest Supply and Demand markets, and honest money, banish the stealthy vampire of Socialism that drains the energies and resources of this country and its people.