Obama: ‘There’s Little Difference Between Communism and Capitalism’, "Just choose from what works", Paul
Joseph Watson - March 25, 2016
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.
“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.
“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.
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”.
Obama 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.
For a more
accurate breakdown of how capitalism beats socialism every time, watch the
video below.
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