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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Clifford Ribner is a Tax Lawyer, Litigator, and Trial Lawyer based in Tulsa, Oklahoma and he is the author of Freedom’s Last Stand – A Common Sense Guide to Understanding the Tyranny of Collectivist Ideology and How We The People Can Recover Our Stolen Constitutional Rights.
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