Fox News invited Thor Halvorssen on a program with host Trish Reagan to unpack some of the issues with socialism. This interview coincides with conversations from the presidential campaign trail about the socialist policies that U.S. Senator Bernie Sanders has been pitching to voters this year. While many of the ideas from Senator Sanders are appealing to Americans struggling to pay their bills and stay out of debt, Halvorssen explains that they just may not be all that they are cracked up to be.
Halvorssen’s main warning about socialism has to do with the preservation of human rights. This makes perfect sense because Halvorssen is the President of the Human Rights Foundation out of New York City. Halvorssen says that while not all socialist governments are bad, there is a serious tendency to absorb too much power too quickly with socialist regimes. One of the major ways that this happens is that the socialist government sets price controls and starts limiting the supply of certain goods. When these goods become staples, such as food, water, gas or medicine, this can present a very real problem for society. People will have limited access to these necessary things, which can culminate in a major humanitarian crisis.
Halvorssen says that not all socialist governments get it wrong, but there can be disastrous results when they do. He relies on Venezuela as an example of how badly things can go under a socialist government. Right now, that country is in the middle of a humanitarian crisis that could tear the entire country apart. People do not have access to food and medicine that they desperately need. Hospitals and schools have shut down, and there is widespread chaos. Thor Halvorssen says that not every country gets socialism right, but Norway and Sweden are examples of ones that did.
Halvorssen may not be a fan of socialism, but he is supporting Senator Sanders in the upcoming presidential election. When asked about this, he said that he simply could not support Hillary Clinton because of her many connections to dictators around the world, which present a serious problem for human rights.
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