Obama says ‘There’s Little Difference Between Communism and Capitalism’
Friday, March 25, 2016 11:50
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President Obama has stoked controversy after he suggested to an audience
of Argentinian youth that there was no great difference between
communism and capitalism and that they should just “choose from what
works”.
Obama responded to a question about
nonprofit community organizations and the necessity of attracting
funding from both the public and private sectors.
nonprofit community organizations and the necessity of attracting
funding from both the public and private sectors.
“So
often in the past there has been a division between left and right,
between capitalists and communists or socialists, and especially in the
Americas, that’s been a big debate,” Obama said.
often in the past there has been a division between left and right,
between capitalists and communists or socialists, and especially in the
Americas, that’s been a big debate,” Obama said.
“Those are interesting intellectual
arguments, but I think for your generation, you should be practical and
just choose from what works. You don’t have to worry about whether it
really fits into socialist theory or capitalist theory. You should just
decide what works,” he added.
arguments, but I think for your generation, you should be practical and
just choose from what works. You don’t have to worry about whether it
really fits into socialist theory or capitalist theory. You should just
decide what works,” he added.
Obama
went on to praise Cuba’s socialist system under dictator Raúl Castro,
touting the country’s free access to basic education and health care,
although he acknowledged that Havana itself “looks like it did in the
1950s” because the economy is “not working”.
went on to praise Cuba’s socialist system under dictator Raúl Castro,
touting the country’s free access to basic education and health care,
although he acknowledged that Havana itself “looks like it did in the
1950s” because the economy is “not working”.
Obama
concluded his comments by arguing that a market-based system “has to
have a social and moral and ethical and community basis”.
concluded his comments by arguing that a market-based system “has to
have a social and moral and ethical and community basis”.
Reaction to the remarks wasn’t pretty.
“This man is so destructive, so harmful and so ignorant,” wrote Jim Hoft.
“The
Marxist in the White House is erasing the lines between two dangerous
ideologies and the one that made the US great, just as he erased our
borders. This is a man who would be at home in communist China,” chided
the Independent Sentinel.
Marxist in the White House is erasing the lines between two dangerous
ideologies and the one that made the US great, just as he erased our
borders. This is a man who would be at home in communist China,” chided
the Independent Sentinel.
For a more accurate breakdown of how capitalism beats socialism every time, watch the video below.
Source: http://blogdogcicle.blogspot.com/2016/03/obama-says-theres-little-difference.html
