Business

Dinesh D’Souza on the New Kind of Socialism

There’s a new socialism in town. Its foundations are more cultural than economic.

Published

2 years ago

March 2, 2021

News Staff

In this brand new PragerU Video, Dinesh D’Souza makes the case that there is a new kind of socialism that is less economic and more cultural. Watch the video below or below the video is the transcript!

Here is the script of the video:

There’s a new socialism in town. I call it identity socialism.

The old socialism, the kind Karl Marx dreamed up, was all about the working class, the sort of blue-collar worker who, ironically, voted for President Trump. But today’s socialist couldn’t care less about the guy in the hardhat. He had his chance at revolution and blew it. Today’s socialist is all about race, gender, and transgender rights. Class is an afterthought.

To understand this is to understand the Left’s takeover of the college campus and all the ills that takeover has spawned: from MeToo to Black Lives Matter to girls competing against biological boys. But campus culture has now metastasized into the culture of the whole society. As liberal writer Andrew Sullivan has put it: “We all live on campus now.”

Identity socialism is first and foremost about division. Not just class division, but now race division, gender division, transgender division. Blacks and Latinos are in, whites are out. Women are in, men are out. Gays, bisexuals, transsexuals, transgenders are in; heterosexuals are out. Illegals are in, native-born citizens are out.

One may think this is all part of the politics of inclusion, but to think that is to get only half the picture. The point, for the left, is not merely to include but also to exclude.

So, where did this identity socialism come from? Meet Herbert Marcuse.

Born in Berlin in 1898, Marcuse fled Germany at the dawn of the Nazi era. After stints at Columbia, Harvard, and Brandeis, Marcuse moved to California, where he joined the University of California at San Diego in 1965. You’d think that living in a paradise like Southern California with all the comforts and privileges of academic life, might have softened Marcuse’s Marx-like hatred of capitalism. But it was not to be. If anything, the more he prospered the more he wanted to bring the system down.

He had a problem, however. A big one. Socialism didn’t work in America. Life was too good. The working class in the US didn’t aspire to overthrow the existing order, they aspired to own a home. How could you foment revolution without revolutionaries? Classic Marxism had no answer for this. But almost a hundred years after Marx, Marcuse did. The answer was college students. They would be the recruits for what he termed the Great Refusal—the repudiation and overthrow of free-market capitalism.

Conditions were perfect. The students of the sixties were already living in what was in effect a socialist commune—a university campus. Rather than being grateful to their parents for providing them with this opportunity to learn and study, they were restless and bored. Most importantly they were looking for “meaning,” a form of self-fulfillment that went beyond material gratification.

Of course, as with all successful social movements, timing was critical. Here Marcuse was very fortunate. The sixties was the decade of the Vietnam War. Students faced the prospect of being drafted. Thus, they had selfish reasons to oppose the conflict. Marcuse and his acolytes turned this selfishness into righteousness by teaching the students that they weren’t draft-dodgers; they were noble resisters who were part of a global struggle for social justice.

Marcuse portrayed Ho Chi Minh and the Viet Cong as a kind of Third World proletariat, fighting to free themselves from American Imperialism. This represented a transposition of Marxist categories. The new working class were the Vietnamese “freedom fighters.” The evil capitalists were American soldiers serving on behalf of the American government.

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About Dinesh D’Souza:

Dinesh D’Souza is a bestselling author and filmmaker. His films, 2016: Obama’s America and America: Imagine A World Without Her, are respectively the #2 and #6 highest political documentaries of all time. D’Souza’s feature-length film, Hillary’s America, is widely credited with contributing to Hillary Clinton’s defeat in 2016, and quickly joined his first two films in the top 10 political documentaries of all time. D’Souza’s latest film, Death of a Nation, builds on this success and takes on progressive big lies, finally proving once and for all that the real party of fascism and racism is now and has always been the Democratic Party.

In D’Souza’s newest pathbreaking book, United States of Socialism, he reveals how the Left uses the Venezuelan formula for socialism, decisively refutes the new face of socialism, chillingly documents the full range of the Left’s gangster tendencies, and provocatively exposes the tactics of the socialist Left.

Born in Mumbai, India, Dinesh has truly lived the American Dream. He moved to the United States to attend school on a Rotary Scholarship. Following graduation from Dartmouth College, he went on to work in the Reagan White House as a policy analyst. D’Souza has served as the John M. Olin Fellow at the American Enterprise Institute and the Robert and Karen Rishwain Fellow at Stanford University. D’Souza served as president of The King’s College in New York City from 2010 to 2012.

D’Souza has won numerous awards including “Best Documentary” for America (The Dove Foundation), and he has been called one of the “top young public-policy makers in the country” by Investor’s Business Daily.

As the author of over 15 nationally renowned books—many of them #1 New York Times bestsellers—D’Souza has been invited to speak to groups all over the country on politics, philosophy, and Christianity. His razor-sharp wit and entertaining style have allowed him to participate in highly-publicized debates about politics and Christianity with some of the most famous atheists and leftists of our time, including Christopher Hitchens, Bill Ayers, and others.

One of D’Souza’s favorite venues for debates and speeches has always been college campuses. During the past 25 years, he has appeared at hundreds of colleges and universities and spoken with hundreds of thousands of students in these live settings.

D’Souza has been named one of America’s most influential conservative thinkers by the New York Times Magazine. The World Affairs Council lists him as one of the nation’s 500 leading authorities on international issues, and Newsweek cited him as one of the country’s most prominent Asian-Americans.

D’Souza’s articles have appeared in virtually every major magazine and newspaper, including the New York Times, Wall Street Journal, The Atlantic Monthly, Vanity Fair, New Republic, Forbes, and National Review. He has appeared on numerous television programs, including Tucker Carlson Tonight, Real Time with Bill Maher, Hannity, The Today Show, Nightline, The News Hour on PBS, NPR’s All Things Considered, and The Glenn Beck Program.

D’Souza is married to Debbie D’Souza and together they have three grown children.

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The left has long worked to overthrow America and all that it stands for. They have been working at it since early in the 1900’s and it took up more speed in the late 60’s and early 70’s with the rise of the radical left. PolitiCrossing founder Chris Widener explains the three-pronged attack and how it is almost complete, as well as the only things we can do to save ourselves and this country we love.

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SAVE YOURSELF: Is This The Surefire Way to Protect Your Money in the Inevitable Financial Meltdown?

Decentralized finance (DeFi) has emerged as a revolutionary technology.

Published

1 month ago

May 9, 2023

Chris Widener

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CAN DECENTRALIZED FINANCE BE THE WAY TO SAVE YOURSELF AND YOUR FAMILY FROM MELTDOWNS AND TYRANNY?

Decentralized finance (DeFi) is built on the blockchain, which offers a wide range of financial services without the need for intermediaries such as banks or other financial institutions. DeFi has emerged as a popular alternative to traditional finance, offering a more open, transparent, and decentralized financial system. In this article, we will explore why DeFi can protect you from a coming financial meltdown and from tyrannical governments.

DeFi is built on the blockchain, which means that it is inherently decentralized. This means that there is no central authority controlling the system, and all transactions are verified and validated by a distributed network of nodes. This makes the system more resilient and less vulnerable to attack or manipulation. Unlike traditional financial systems, where central authorities have the power to manipulate the system, DeFi is designed to be transparent and immutable.

One of the main advantages of DeFi is that it offers greater financial freedom and control to users. DeFi allows users to access a wide range of financial services without the need for intermediaries. This means that users can transact directly with each other, without having to go through banks or other financial institutions. This gives users greater control over their finances and reduces the risks associated with centralized financial systems.

Another advantage of DeFi is that it is highly transparent. All transactions on the blockchain are public and can be verified by anyone. This means that there is no room for fraud or manipulation, as all transactions are visible to all participants in the network. This level of transparency is not possible in traditional financial systems, where transactions are often opaque and difficult to track.

DeFi also offers greater security to users. Transactions on the blockchain are secured using cryptography, making them virtually impossible to hack or manipulate. This means that users can trust the system, knowing that their funds are secure. Traditional financial systems, on the other hand, are often vulnerable to cyberattacks and fraud, which can result in significant financial losses.

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Furthermore, DeFi is designed to be more inclusive and accessible to everyone. Unlike traditional financial systems, which often have high barriers to entry, DeFi is open to anyone with an internet connection. This means that people who are unbanked or underbanked can access financial services that were previously unavailable to them. This inclusivity is important because it helps to reduce financial inequality and promotes greater financial inclusion.

Finally, DeFi is more resilient than traditional financial systems. DeFi is built on a decentralized network of nodes, which means that there is no single point of failure. This makes the system more resilient to attacks and more resistant to financial meltdowns. In traditional financial systems, a single point of failure can have catastrophic consequences, as we saw in the 2008 financial crisis.

DeFi is a new and exciting financial system that offers a wide range of benefits over traditional finance. It is transparent, secure, accessible, and resilient, making it an attractive option for people who are looking to protect themselves from a coming financial meltdown. While DeFi is still in its early stages, it has the potential to transform the world of finance, offering a more open, transparent, and decentralized financial system for everyone.

SEVEN BENEFITS OF DECENTRALIZED FINANCE

Decentralized finance (DeFi) has emerged as a revolutionary technology that enables individuals to conduct financial transactions without the need for intermediaries such as banks or financial institutions. DeFi uses blockchain technology, which provides a transparent and secure way of conducting financial transactions. In this article, we will discuss the benefits of decentralized finance, along with a brief overview of crypto and blockchain.

Overview of Crypto and Blockchain

Crypto refers to digital currencies that use cryptography to secure financial transactions and control the creation of new units. Bitcoin, which was created in 2009, is the most well-known cryptocurrency. It is based on blockchain technology, which is a decentralized ledger that records transactions in a transparent and secure manner. Blockchain technology provides a secure and tamper-proof way of recording transactions, making it ideal for use in financial transactions.

Benefits of Decentralized Finance

Lower Transaction Costs

Decentralized finance provides a cost-effective way of conducting financial transactions. Traditional financial systems are often plagued by high transaction costs, which are passed on to customers. DeFi eliminates the need for intermediaries, which means that transaction costs are significantly lower. This makes it easier for individuals to access financial services and reduces the barriers to entry for new players in the market.

Greater Accessibility

DeFi provides greater accessibility to financial services, particularly for individuals who are unbanked or underbanked. In many parts of the world, people do not have access to traditional banking services due to various factors such as lack of documentation, poor credit history, or living in remote areas. DeFi provides a way for these individuals to access financial services using only a smartphone and an internet connection. This has the potential to increase financial inclusion and reduce poverty.

Increased Transparency

One of the main benefits of blockchain technology is its transparency. Transactions recorded on the blockchain are publicly visible, making it easier to trace the flow of funds. This provides a level of transparency that is not possible with traditional financial systems. Decentralized finance leverages this transparency to provide greater accountability and reduce the risk of fraud. This makes DeFi a more secure and trustworthy way of conducting financial transactions.

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More Control Over Personal Data

Traditional financial systems often require individuals to provide personal data such as name, address, and social security number. This data is stored by banks and financial institutions, making it vulnerable to hacks and breaches. DeFi provides individuals with more control over their personal data by using self-sovereign identity solutions. These solutions enable individuals to control their own data and share it only with the parties they trust.

Greater Flexibility

Decentralized finance provides greater flexibility in terms of financial products and services. Traditional financial systems are often rigid, with limited options for customers. DeFi provides a range of financial products and services, including loans, savings accounts, insurance, and investment products. This gives individuals greater flexibility to choose the financial products and services that meet their specific needs.

Faster Settlement Times

Blockchain technology enables faster settlement times for financial transactions. Traditional financial systems often require several intermediaries to process transactions, which can take several days. With DeFi, transactions are processed directly on the blockchain, which means that settlement times can be as fast as a few seconds. This provides greater convenience for customers and reduces the risk of errors and delays.

Reduced Counterparty Risk

Traditional financial systems often involve counterparty risk, which is the risk that one party will fail to fulfill its obligations in a financial transaction. DeFi eliminates counterparty risk by using smart contracts, which are self-executing contracts that automatically execute when certain conditions are met. This provides greater security and reduces the risk of fraud and default.

Conclusion

Decentralized finance is a revolutionary technology that has the potential to transform the financial industry. By eliminating intermediaries, increasing accessibility, increasing transparency, providing more control over personal data, offering greater flexibility, enabling faster settlement times, and reducing counterparty risk, DeFi provides numerous benefits that traditional financial systems cannot match. As DeFi continues to evolve, it has the potential to create a more equitable and inclusive financial system that benefits individuals and communities around the world.

The information provided in this article is for educational purposes only and should not be construed as financial or investment advice. Investing in decentralized finance (DeFi) and cryptocurrencies involves risk and may result in significant financial losses. Readers are advised to conduct their own research and seek the advice of a financial professional before investing in DeFi or cryptocurrencies. The author and publisher of this article are not responsible for any losses incurred as a result of investing in DeFi or cryptocurrencies.