David McElroy

Why do some people become wealthy? And why do most people remain poor or struggling?

Socialists say it’s because a small group of people hoard most of the money. Despite the fact that his ideas have led to death and poverty for untold millions of people, some people today still preach the gospel of Karl Marx. They’re convinced of the fantasy that things will somehow be different if they’re the ones “redistributing wealth” to the masses.

If you listen to the pronouncements of the modern American political figures such as Bernie Sanders and Alexandria Ocasio-Cortez, you hear the same tired rhetoric that would-be dictators have used ever since Marx. They tell us that everyone would have plenty — if they could just take money away from the evil wealthy class.

But Marx and his modern disciples completely misunderstand how wealth is created. I’ve been thinking about this a lot lately — for personal reasons, not political ones — but my thinking has left me disgusted that more and more people are joining this new crusade which will lead to poverty.

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