People who are against socialism, or even just skeptical, often ask the question: Who pays for socialism?
Many believe it’s those with higher levels of income or wealth who pay for socialism. Not only is this a false conclusion, it’s based on a false understanding of socialism.
Rarely is capitalism interrogated with the same question. When it is, the answer from bourgeois economists is that capitalists pay for capitalism by funding production. It’s an answer, however, that leaves out more than it tells.
So who really pays for socialism? And who pays for capitalism? This video addresses both questions.