Social democracy is bad

I have lived in a social democratic country, and watched the economy and way of life deteriorate.

Social democracy is bad

For those that are looking to social democracy as good alternative to capitalism, I have lived in a social democratic country, and watched the economy and way of life deteriorate. Runaway inflation. Line ups for just a tank of fuel only if fuel became available for a few hours at a gas station. Having to buy fuel from foreign truck drivers on the black market just to exist. Inflation so bad that if you didn’t spend your money the week you got it, it would have lost half its value by next week. Prices rising daily on everything. A quote for anything was only valid for a few days. Having to negotiate your salary with either monthly increases based on a stable foriegn currency or in a foriegn currency.

The government gave some land and property to a native resident friend of mine (they called us twins) to build an orphanage, only to have it and all the developments we and donors had paid for, taken away and given to one of the MP’s friends. Three million citizens, 25 per cent of the population, left the country over several years to find a way to exist and send money to their families that couldn’t leave so they could exist. Government corruption got worse and worse exponentially. Opposition democratic party members were killed, raped, castrated, and disfigured as a deterrent to others from joining them. This from a country that only a few years before was the bread basket for the surrounding countries. And now has to import grain.

The reason socialism doesn’t work and has never worked in any country that has tried it, is because humans need personal ownership to value what they have. Why should I work for something that others will get all the benefit of when they do not work at all for it or something I need in return? I already work harder, smarter, and produce more value in the time I work than most, because I was willing to save my money from planting trees and invest it, as well as make time to learn several trades and a couple engineering technology diplomas. I already contribute to society in taxes way more than most. I volunteer my time to run non-profit organizations, and I provide employment to others as well. How much more social gains does this society want from me, one that built a company from nothing? It is those that only choose to be an employee, or expect the government to look out for their well being that also need to learn to contribute more to their society. Then there will be real social gains. Goverment managed social benefits to society cost in taxes many times more than when they are done by individuals.

Steven Kostamo

North Cowichan


Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

McDougall-Percillier gets top Rugby Canada honour

“I’m really stoked about getting this award”

Business notes: WINGS set to close on Aug. 29

A few of the things going on in Cowichan’s business community

Collision knocks over fire hydrant on Ypres Street

Duncan firefighters quick to get situation under control

Pumps not needed on the Cowichan River this year

Wet year so far has resulted in higher water levels

‘Don’t kill my mom’: Ryan Reynolds calls on young British Columbians to be COVID-smart

‘Deadpool’ celebrity responds to premier’s call for social influence support

Captain Horvat’s OT marker lifts Canucks to 4-3 win over Blues

Vancouver takes 2-0 lead in best-of-7 NHL playoff series with St. Louis

Widow of slain Red Deer doctor thanks community for support ahead of vigil

Fellow doctors, members of the public will gather for a physically-distanced vigil in central Alberta

Protesters showcase massive old yellow cedar as Port Renfrew area forest blockade continues

9.5-foot-wide yellow cedar measured by Ancient Forest Alliance campaigners in Fairy Creek watershed

Taking dog feces and a jackhammer to neighbourhood dispute costs B.C. man $16,000

‘Pellegrin’s actions were motivated by malice …a vindictive, pointless, dangerous and unlawful act’

Racist stickers at Keremeos pub leaves group uneasy and angry

The ‘OK’ hand gesture is a known hate-symbol

VIDEO: World responds to B.C. girl after pandemic cancels birthday party

Dozens of cards and numerous packages were delivered to six-year-old Charlie Manning

Expected fall peak of COVID-19 in Canada could overwhelm health systems: Tam

National modelling projections released Friday show an expected peak in cases this fall

Most Read