Like all collectivists, Singh is projecting his own jealousy and greed onto those who achieve success in the private sector.
NDP leader Jagmeet Singh is continuing his effort to demonize wealthy Canadians and pin the blame on them for all of Canada’s economic problems.
Just today, he implied that “billionaire CEOs” were to blame for people in Northern Ontario shopping for food at the Dollar Store:
“”More and more workers are turning to the dollar store for food in Northern ON.”
It pained me to hear this from education and health care workers in Thunder Bay.
Canadians deserve better from this government.
Unlike Justin Trudeau, I’m not scared to take on billionaire CEOs.”
"More and more workers are turning to the dollar store for food in Northern ON."
It pained me to hear this from education and health care workers in Thunder Bay.
Canadians deserve better from this government.
Unlike Justin Trudeau, I'm not scared to take on billionaire CEOs. pic.twitter.com/ejjurNg8RB
— Jagmeet Singh (@theJagmeetSingh) May 9, 2023
The first problem with this is that Singh continues to demonstrate rampant economic illiteracy and a lack of common sense.
If rising food prices now are because of ‘billionaire CEOs,’ why didn’t they raise prices earlier? If they are to blame for higher prices now, are they also to be praised for when prices were stable before the surge in inflation?
And why does the increase in food prices just so happen to coincide with a massive expansion of the money supply, massive government budget deficits, and increased taxes that drive up the cost of production – all of which Singh supports?
An ethical problem
There is another point to be made here, and it’s a point that doesn’t get made enough: Singh’s attack on wealthy Canadians isn’t just wrong from an economic perspective, it’s wrong from an ethical perspective.
Collectivists like Jagmeet Singh are often incredibly greedy and jealous people. But instead of channeling their thinking in a healthy direction by competing in the market and becoming successful due to the voluntary co-operation of other market participants, they project their greed onto others.
Ask yourself this question: Who is more moral – the businessperson who becomes wealthy by selling a product or service that people choose to purchase, or a politician who becomes powerful by using government force to seize what others have earned?
The answer is self-evident. And yet, many people in our country have a deeply ingrained hostility to capitalism, while viewing socialism positively even as they lament the fact that it always seems to fail.
This is because capitalism is rarely defended on moral or ethical grounds. But it should be. And if we want to stop the rise of collectivists like Jagmeet Singh, capitalism has to be defended.
Objectively – based on real-world results – capitalism is the most moral and ethical system humanity has ever conceived of and put into practice. It is the only system consistent with a respect for individual rights, private property, and freedom of expression. The right to your own property, the right to your life, the right to your mind, are all inextricably linked, and it’s no coincidence that those rights are most prevalent in capitalist nations.
So, when Jagmeet Singh attacks wealthy Canadians and tries to blame them for the failure of his and Trudeau’s collectivist policies, we should point that he is acting in a deeply unethical manner, and we should have the courage to stand up for the capitalist system and for those who succeed within it.
Spencer Fernando
