VIDEO: Do you want to be a Socialist? – Part 2

Jan 26, 2025

Clifford Ribner
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The Hidden Truth About Profit and Socialism

In this video, I want to expand on a critical concept I didn’t cover in depth in my earlier discussions on socialism: profit—what it truly represents and why its elimination under socialism creates such profound consequences. Profit isn’t just about money in the hands of sellers; it’s the cornerstone of innovation, production, and mutual benefit in every transaction. Yet, socialism fundamentally misunderstands and vilifies profit, labeling it as harmful when, in reality, it’s the driving force behind economic growth and individual prosperity.

Join me as I break down why profit matters, how it benefits both sellers and buyers, and what happens when it’s outlawed under socialism.


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