Sunday, May 1, 2011

NO SOCIALISM

The right to own property is central to man’s existence. Private ownership of property (including land, businesses and goods) gives individuals security and a means to control their own affairs. Ownership brings responsibility and allows individuals to plan for the future so as to provide for themselves and their families. For example, owning a house, a business or some land makes it possible to borrow against that property so that individuals can invest for the future. The lack of private property rights in much of Africa makes such borrowing and investment impossible, and is one reason for the continent's lack of economic growth.  

The drive to succeed as an individual is the strongest motivating factor a human being can feel in their work. When work is uncoupled from reward, or when an artificial safety net provides a high standard of living for those who don’t work hard, society suffers. The fact that individuals are driven to succeed is in all our interests.

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