Socialism Simplified: A System Where Government Uses Your Money To Solve Everyone Else's Problems
Authored by Michael Snyder via The Economic Collapse blog,
They are coming for your money, and they have a ton of momentum right now. Democratic Socialists are winning election after election by promising free stuff, but of course free stuff is never actually free. Somewhere along the way, someone has to pay for it. If you find yourself protectively reaching for your wallet as you read this, I don’t blame you one bit. Socialism is a system where the government uses your money to solve everyone else’s problems. Unfortunately, it is also a system that is becoming increasingly popular among our young adults.
In a previous article, I noted that a poll that was taken in 2025 found that a whopping 62 percent of U.S. adults under the age of 30 now have a positive view of socialism.
That should chill you to the core.
Meanwhile, Americans view capitalism less favorably than they once did…
This is crazy.
So why is this happening?
Well, the truth is that a large portion of the population is very frustrated with the economy.
The rising cost of living has been absolutely eviscerating the middle class, and many young adults consider homeownership to be completely out of reach because home prices are so absurdly high.
When someone comes along and starts promising all sorts of free stuff in this very harsh economic environment, it can be very seductive.
But if the Democratic Socialists of America were actually able to implement their entire agenda on the federal level, it would more than triple federal spending…
If you took every penny from every billionaire in America, that would only account for 8.4 trillion dollars.
So where is the rest of the money going to come from?
They don’t have an answer to that question, but they have been winning major races all over the country.
And now a 37-year-old Democratic Socialist named Francesca Hong is favored to win Wisconsin’s Democratic gubernatorial primary…
It is hard to believe that someone like that could actually become the next governor of Wisconsin.
I wouldn’t even hire her to run a Dairy Queen.
But this is where we are at as a society, and it appears that lots of Democratic Socialists will be heading to D.C. after the midterm elections.
In 2026, Democratic Socialists have been repeatedly winning primaries in deep blue congressional districts…
What will D.C. look like if the Democrats take back both the House and the Senate?
Some of the Democrats that are running for seats in Congress appear to be absolutely psychotic.
If there is a major progressive wave in the fall, that could potentially make Alexandria Ocasio-Cortez one of the frontrunners for the Democratic presidential nomination in 2028.
As Ben Shapiro has aptly pointed out, she seems to be pushing a new version of “woke” that is more palatable to many Americans…
But no matter how AOC may want to market it, the content is still the same.
In so many ways, the socialists want to turn our country completely upside down and make it the exact opposite of what it once was.
They intend to do this by taking over the Democratic Party.
Democratic Socialists always run for office as Democrats, and most of them openly identify themselves as Democrats…
We are being told that there is a civil war in the Democratic Party, but the truth is that the differences between “mainstream Democrats” and Democratic Socialists are not actually that significant these days.
They are all heading in the same direction. Mostly, their disagreements are about how far to go and how fast it will take to get there.
We already have the biggest government in human history, but they want to make it even bigger.
But socialism doesn’t work.
As Margaret Thatcher once warned, the problem with socialism is that the socialists always eventually run out of other people’s money to spend.
Considering the fact that we are nearly 40 trillion dollars in debt, our country is rapidly approaching that point too.
Michael’s new book entitled “10 Prophetic Events That Are Coming Next” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.
Tyler Durden Sat, 08/15/2026 - 10:30
Continue reading...
[ H/T ZeroHedge ]
Authored by Michael Snyder via The Economic Collapse blog,
They are coming for your money, and they have a ton of momentum right now. Democratic Socialists are winning election after election by promising free stuff, but of course free stuff is never actually free. Somewhere along the way, someone has to pay for it. If you find yourself protectively reaching for your wallet as you read this, I don’t blame you one bit. Socialism is a system where the government uses your money to solve everyone else’s problems. Unfortunately, it is also a system that is becoming increasingly popular among our young adults.
In a previous article, I noted that a poll that was taken in 2025 found that a whopping 62 percent of U.S. adults under the age of 30 now have a positive view of socialism.
That should chill you to the core.
Meanwhile, Americans view capitalism less favorably than they once did…
Fewer than half of Americans say capitalism is working even “somewhat” well — down from 60% about a decade ago, according to a June Wall Street Journal-NORC poll.
61% of Americans said they were bothered “a lot” by the feeling that the wealthy don’t pay their fair share in taxes, per a Pew Research Center poll in January. That included 41% of Republicans and GOP-leaning independents.
The same poll showed another 60% overall — and 42% of Republican-inclined voters — said the same about some corporations paying their fair share.
And views of big business went from 19 points positive in 2012 (58%-39%) to 25 points negative last year (37%-62%), according to the Gallup data.
This is crazy.
So why is this happening?
Well, the truth is that a large portion of the population is very frustrated with the economy.
The rising cost of living has been absolutely eviscerating the middle class, and many young adults consider homeownership to be completely out of reach because home prices are so absurdly high.
When someone comes along and starts promising all sorts of free stuff in this very harsh economic environment, it can be very seductive.
But if the Democratic Socialists of America were actually able to implement their entire agenda on the federal level, it would more than triple federal spending…
If you took every penny from every billionaire in America, that would only account for 8.4 trillion dollars.
So where is the rest of the money going to come from?
They don’t have an answer to that question, but they have been winning major races all over the country.
And now a 37-year-old Democratic Socialist named Francesca Hong is favored to win Wisconsin’s Democratic gubernatorial primary…
It is hard to believe that someone like that could actually become the next governor of Wisconsin.
I wouldn’t even hire her to run a Dairy Queen.
But this is where we are at as a society, and it appears that lots of Democratic Socialists will be heading to D.C. after the midterm elections.
In 2026, Democratic Socialists have been repeatedly winning primaries in deep blue congressional districts…
Claire Valdez (New York – 7th District): Won the Democratic primary in an open congressional race.
Darializa Avila Chevalier (New York – 13th District): Defeated a 30-year progressive incumbent in a highly publicized upset.
Melat Kiros (Colorado – 1st District): Defeated long-time incumbent Representative Diana DeGette in the Denver-based Democratic primary.
Christopher Rabb (Pennsylvania – 3rd District): Won the open Democratic primary race for this Philadelphia-based congressional seat.
Donavan McKinney (Michigan – 13th District): Unseated incumbent Representative Shri Thanedar in the Michigan Democratic primary.
What will D.C. look like if the Democrats take back both the House and the Senate?
Some of the Democrats that are running for seats in Congress appear to be absolutely psychotic.
If there is a major progressive wave in the fall, that could potentially make Alexandria Ocasio-Cortez one of the frontrunners for the Democratic presidential nomination in 2028.
As Ben Shapiro has aptly pointed out, she seems to be pushing a new version of “woke” that is more palatable to many Americans…
But no matter how AOC may want to market it, the content is still the same.
In so many ways, the socialists want to turn our country completely upside down and make it the exact opposite of what it once was.
They intend to do this by taking over the Democratic Party.
Democratic Socialists always run for office as Democrats, and most of them openly identify themselves as Democrats…
We are being told that there is a civil war in the Democratic Party, but the truth is that the differences between “mainstream Democrats” and Democratic Socialists are not actually that significant these days.
They are all heading in the same direction. Mostly, their disagreements are about how far to go and how fast it will take to get there.
We already have the biggest government in human history, but they want to make it even bigger.
But socialism doesn’t work.
As Margaret Thatcher once warned, the problem with socialism is that the socialists always eventually run out of other people’s money to spend.
Considering the fact that we are nearly 40 trillion dollars in debt, our country is rapidly approaching that point too.
Michael’s new book entitled “10 Prophetic Events That Are Coming Next” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.
Tyler Durden Sat, 08/15/2026 - 10:30
Continue reading...
[ H/T ZeroHedge ]
