America’s brand of capitalism has given us a society that benefits the wealthy while putting the middle class under immense pressure, argues Maria Svart of USA Today. Democratic socialism seeks to create a better system that benefits all. Healthcare costs have skyrocketed as huge portions of the population cannot afford necessary healthcare procedures. From dental care to housing, prices are rising beyond the means of average Americans. Over 50% of Republican supporters agree that Medicare for all is necessary. Democratic socialism seeks to enact the will of the people, benefiting the majority rather than allowing a minority to monopolize wealth.
History has demonstrated clearly why socialism is not the way forward, hold Jeffrey Miron and Ryan Bourne of CNN. During the Cold War, it became very clear that capitalism was the superior system. When East and West Germany reunited in 1989, GDP per capita was three times higher on the capitalist side. Democratic socialism presents itself as a milder alternative to socialism, but it puts society on the same path. Big government and high taxes go against the capitalist principles that brought Western society such prosperity in the 20th century. Democratic socialists propose legislation that would choke the free market and undermine valuable pro-growth innovation.