Socialism creates poverty. Capitalism lifts people out of it.

Capitalism vs. Socialism presented by Andy Puzder

Capitalism versus socialism. We can sum up each economic system in one line:

Capitalism is based on human greed. Socialism is based on human need.

Right?

No. Wrong.

So wrong, it's exactly backwards. And I'll prove it to you.

Been on Amazon lately? Each of the thousands of products Amazon offers represents the work of people who believe they have something you want or need. If they're right, they prosper. If they're wrong, they don't.

That's how the free market works. It encourages people to improve their lives by satisfying the needs of others. No one starts a business making a thing or providing a service for themselves. They start a business to make things or provide services for others.

I speak from personal experience.