U.S. Senator Bernie Sanders has been campaigning for president of the U.S. based on democratic socialist ideals, which seem to be resonating with parts of the lower and middle classes. America seems to be at a turning point politically, and understanding exactly how a democratic socialist agenda could affect our country is critical for the upcoming election.
In a recent interview with Fox News, Thor Halvorssen took the time to explain what we should be mindful of in embracing democratic socialist policies and how the country could be radically changed if they are implemented. Halvorssen is the founder and current president of the Human Rights Foundation and has spent his life fighting vigorously for human rights through civil liberty and individual freedom around the globe. His perspective on the issue of democratic socialism is particularly interesting given his personal struggles at the hand of an authoritarian regime based on socialist principles. Halvorssen’s own father was imprisoned by the Venezuelan government for purely political reasons, and his mother was shot at a political protest in Venezuela. Right now, Halvorssen’s cousin is currently a political prisoner in Venezuela.
In the interview with Fox News, Thor Halvorssen explains that while democratic socialism can seem like a great idea in a textbook for increasing the overall prosperity of a country, especially considering the plight of the lower classes, it can often lead to the government overstepping its bounds and taking more power from its citizens that it is entitled. Under the guise of socialism, Halvorssen warns that authoritarian regimes can thrive because people turn over their rights to private property and the free market is no longer allowed to dictate economic policy. Halvorssen is much more confident in the forces of the free market to help people prosper at a higher level than entrusting the government with additional power to control the economy.
Interestingly, even though Halvorssen is a bit leery of Senator Sanders’ economic ideas, he contributed the maximum amount an individual is allowed to under U.S. campaign finance laws to the Sanders campaign. Halvorssen is confident that Sanders is a superior choice to Hillary Clinton for president.