Thor Halvorssen Explains Socialism

Thor Halvorssen was recently a featured guest on Fox Business Network’s show “The Intelligence Report with Trish Regan.” He was interviewed for his perspective on the democratic socialist principles being promoted as part of the presidential campaign of U.S. Senator Bernie Sanders. Halvorssen is the founder and current president of the Human Rights Foundation, which is headquartered in New York City. Halvorssen has a long track record as an advocate for human rights on the international scene. He has also worked as a film producer in the area of public policy. Halvorssen is from Venezuela and has worked tirelessly to fight political oppression and support human rights in that country specifically. Halvorssen and his family have had quite the experience fighting the oppression of the authoritarian Venezuelan government. Both Halvorssen’s father and first cousin were held as political prisoners by the Venezuelan government, and his mother was shot during a peaceful political protest. These personal experiences give Halvorssen unique insight into the dangers of allowing socialist policies to centralize excessive power for the government.


In the interview for Fox Business Network, Thor Halvorssen explains the basic realities of socialism to the audience. He says that the realities of socialism are much different than the ideals discussed by academics or taught in courses. Rather, socialism can mean the redistribution of resources and the potential centralization of power in the hands of the national government. Halvorssen’s main concern is that if there are not enough appropriate checks and balances already in place, then socialism can result in the central government exercising too much control over the lives of its people and using that power for pure political gain. Halvorssen points to the example of Venezuela as a warning sign for the audience against this type of reality.
Although Halvorssen has concerns over the potential problems with socialist policies, he still supports Bernie Sanders over Hillary Clinton in the upcoming presidential election. He says that Hillary’s unscrupulous ties to known dictatorships around the world are far more of a threat to human rights than Sanders’ support of democratic socialist policies to help the lower classes of society.

Thor Halvorssen Explains Issues with Socialist Policies

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.