There has been no clearer comparison between capitalism and socialism than the two Germanys that were created at the end of World War II -- socialist/communist East Germany, under Soviet hegemony, and capitalist West Germany, with strong ties to Western Europe and the United States. Clearly, West Germany's capitalist system produced better results for its people -- and only recently have East Germans begun to prosper after many years of freedom.
A former Venezuelan elected official explains how Socialism wrecked his country. Watch now.
Collectivism is based on faulty principles
A 1985 newspaper assignment took me from West Berlin, a rich, vibrant, noisy, stylish, all-night reveling open city with symphony concerts next to live nude girl shows and fancy eateries, like New Orleans’ Bourbon Street on steroids – a glittering capitalist island surrounded by drab communist mediocrity – into East Berlin where I was to report on how the Soviet puppet state really worked.
Marita Noon shatters any illusion that the New York Climate March was about anything other than destroying the capitalist system and replacing it with a totalitarian, top-down socialist state. As one commenter said, "These people are defined by what they hate, and a big part of what they hate is capitalism.”
A small sample of the propaganda imagery of the Rio+20 summit
The International Council for Local Environmental Initiatives (ICLEI) insists we embrace "sustainable development" to save the planet. But when CFACT asked ICLEI members at their "World Congress" in Belo Horizonte, Brazil, we got more "umms" and "uhhs" than anything else!
The International Council on Local Environmental Initiatives (ICLEI) is calling for economic "contraction" in America and the rest of the developed world. Their "World Congress" conference in Belo Horizonte, Brazil, however, is a lavish affair replete with rich food, champagne and opulence. The blatant hypocrisy is stunning.
Is Fidel Castro your eco-hero? Do you think we need confiscatory taxation, wealth transfers and socialism? Are you prepared to change your lifestyle and live as Greens gathered in Rio de Janeiro decide? If Europe is not sufficiently progressive and needs to shift further left, what are they planning for the United States? We're still at the planning conference for major groups. This weekend, 45,000 more people are traveling to this UN summit. It is hard to imagine what we are seeing and hearing multiplied by that kind of magnitude, but that is what's coming. Take a look at our video [...]