Sowell claims that socialism actually does more damage to the poor than to the rich. The idea is that the rich can find a way to get what they what, when they want it, and how they want it. The rich can hire upscale lawyers to fight city hall. Also city hall may feel the need to keep them happy because upscale taxpayers benefit them. Furthermore, the rich often donate sums of money to political campaigns. Another form of socialism for the rich protects their communities from even the dangers of a free market. They are protected from outsiders purchasing property near them, even when they are willing to pay prices determined by supply and demand.
I can understand Sowell's point that socialism could contribute positive outcomes for the upper class. One of the things that most people hold dear is their home. The community in which that home is in is also something that people hold dear. It would be highly unlikely to ever see a mansion adjacent to a trailer. Being able to maintain a haven and everything that encompasses it is something that would keep many people happy. Especially when that is not the case for everyone in the world, even the working middle class.
News & Record, Greensboro, NC Thomas Sowell Thursday, October 5, 2006
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