Episode 50 – Understanding Socialism – Part 1
Updated: Feb 8, 2020
It’s no secret that younger Americans are increasingly drawn to socialism. But what is socialism? Do people who say they support socialism simply mean they want something other than what we have now, or do they have a firm grasp of socialist economic theory and complex vision of what a socialist America would look like?
While some conservatives may dismiss calls for socialism as foolish and not worth debating, Millennial conservatives don’t have that luxury. We understand that calls for a socialist state are not a passing fad but a significant shift in how Americans are beginning to think. And if conservatives are going to defend the free market, we must first begin to understand what socialism is before we can show how capitalism offers a better alternative.
On December 16, 2019 the Leftist podcast Millennial Review ran an episode entitled What is Socialism (Parts One and Two) in which cohosts Trevor and Justin described what socialism means, how to create a socialist state, and what such a state might look like. Trevor and Justin are both proponents of socialism and, in defining socialism, offer their arguments in support.
You can listen to the episode by clicking on their podcast logo here:
In this episode—the first of a two-part discussion—Josh and Bob attempt to define socialism from a conservative perspective and explore the socialist notions of seizing the means of production, private property, how labor creates value, socializing industrial vs pre-industrial societies, Marx’s theory for how capitalism would eventually collapse, and much more.