Posted by on April 29, 2019 2:58 pm
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Categories: Thoughts of Socialism From CEOs

Home Depot Co-Founder states that socialism ends in dependence and lower standards.

In a recent interview Home Depot co-founder, Bernie Marcus says socialism offers lower living standards. He went on to say that the free market system created the “biggest middle-class population in the world.” Statements like these prove our case that capitalism is better then a socialist economy.

socialism offers lower living standards
Bernie Marcus – Home Depot co-founder

Marcus went on to say, “the free market system has lifted billions of people out of poverty”, try to find an example of a socialist economy that has done this. Marcus co-founded Home Depot back in 1979, and he did it just after he had been fired. This exact example shows just how capitalism works and why a socialist economy doesn’t. Marcus was able to take a thought of creating a business, put in hard work into that company and created thousands of millionaires. Given these points, the free market economy worked for Bernie Marcus and hundreds of thousands of employees.

What Marcus says next is a wake up call to everyone that has fallen in love with socialism. Regarding socialism, Marcus states the following: “because it enriches the greedy and depresses the poor.” This right here is what’s happening in Venezuela right now. The country is in chaos and it’s all because of the failed socialist economy. In a word, socialism robs the citizens of their freedoms and their own money and gives to the leaders.

This is what happens when you fall for free education, free healthcare, and other free government programs. You see socialism offers lower living standards to those under the rule of government. This is something the mainstream media doesn’t want you to hear, nor will they report on this fact.

What we have read from Bernie Marcus is similar to what J.P. Morgan CEO Jamie Dimon said in an article we recently wrote about. From time to time, CEO’s of American companies will get things wrong, but more times than not, they are pretty spot on regarding the American free market economy.

To hear more of what Bernie Marcus has to say, he had a link to a video where he gives all of his thoughts. To view this click here. In the meantime, we will continue to find more great articles and videos from leading Amerian CEO’s and their thoughts on the failures of socialism.