OPINION_ It’s not ‘socialism’ to push for an economy that works for all Americans

NEW YORK POST

OPINION

It’s not ‘socialism’ to push for an economy that works for all Americans

By Marco Rubio
December 4, 2019 | 7:44pm




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Last month, I reintroduced the notion of the common good into our policy debates in a speech at the Catholic University of America. I did so, because we live at a time when millions of Americans approach our current challenges with a sense that, if the status quo isn’t working for them, they need to look at destructive alternatives — socialism, identity politics or ethnic nationalism.

In this fervid environment, if those of us who are strong defenders of the American system aren’t willing to ask tough questions, then we place ourselves at a tremendous disadvantage against proponents of these ­un-American ideological alternatives.

To challenge a status quo that millions of Americans are rejecting isn’t to show hostility toward capitalism. Capitalism has lifted millions of people out of poverty, more than any other economic system in human history. And no serious conservative suggests the federal government can better allocate capital than American families and communities exercising their own free choice.

Even so, there are genuine public problems that demand public solutions — and critics who deny this can only muster airy rhetoric. They claim, for ­example, that laws I have supported that seek to counter Communist China’s technological advance in industries critical to our national security would unfairly “direct the market.” Likewise, laws I’ve favored that cut tax subsidies for ­financial engineering over capital investment would “take shareholders’ property,” per the critics.

But these arguments are wholly non-responsive to the challenges our nation faces.

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READ MORE: https://nypost.com/2019/12/04/its-not-socialism-to-push-for-an-economy-that-works-for-all-americans/

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