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Detailed text transcripts for TV channel - FOXNEWS - 20180815:06:05:00

Whether greed is a good idea to run on? first of all, tell me, is there some society you know that doesn t run on greed? f do you think russia doesn t run on greed? do you think china doesn t run on greed? what is greed? of course, none of us is only the other ones that are greedy. the world runs on individuals pursuing their separate interests. the great achievements of civilization have not come from government bureaus. einstein didn t construct his theory under order from a bureaucrat. henry ford didn t revolutionize the automobile industry that way. the only cases in which the masses have escaped from the kind of grinding poverty you are talking about, the only cases in recorded history, are where they have that capitalism and largely free-trade. if you want to know where the masses are worse off, it sly exactly in the kinds of societies that depart from it. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20180815:06:03:00

Further out of the american mainstream. right to socialism. a new gallup poll confirms that more democrats prefer socialism to capitalism. 57% view it favorably while just 47% have a favorable view of capitalism. just two years ago, those numbers were flipped. 56% then favored capitalism. of course, it could be that socialism s attractive new poster gal is changing minds. do you think that the future of the democratic party is socialism? well, first of all, there s a huge difference between socialism and democratic socialism. democratic socialism, really what that boils down to me, is the basic belief that i believe in a moral and wealthy america, in a moral and modern america, no person should be too poor to live in this country. w [ applause ] laura: trump believes that, too, that s why he s growing the economy so fast. or maybe as the indoctrination ....

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Detailed text transcripts for TV channel - FOXNEWS - 20180815:06:16:00

that has actually helped those laura: capitalism is helping the rise of european capitalism, yeah. not socialism and the ideals that combine that. laura: alan, speaking of students, this is what campus reform discovered about what people may or may not understand about socialism, specifically ocasio-cortez s supporters. let s watch. who in your mind should pay. for all of the free things? all of the free things? well, some of it should come from taxes but the government should pay for it. but the government is funded by taxes. yeah.me i don t know where the money would come from but they can figure it out. [laughs] more taxes on the rich people. for sure, man. they can afford it. tax corporations, tax of 1%, and find a way to support a living wage.e laura: so, alan, trendy lingo, the living wage, sustainable wage, health care for all, medicare for all, free college education, for ....

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Detailed text transcripts for TV channel - FOXNEWS - 20180815:06:12:00

Academics are teaching today on university campuses instead of teaching students how to think, they are telling them what to think, and they are imposing a a kind of anti-american, anticapitalist, anti-free market view. look, i am no apologist for socialism but there is a difference between cubist communism, chavez s high handedt socialism bordering on communism, and sweden, which does have a mixture of socialism and capitalism. i think you overstate the arguments against socialism. the democrats can t win with socialism. my concern is that both parties are moving too far away from the center. i think the democrats clearly, their younger people are moving hard, hard, hard left. i think republicans, too, with their anti-immigration policies are going to alienate a lot of. centrists in america. i think that we have to worry about rebuilding the center in america. the center is where america thrives. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20180815:06:17:00

Universal, free school, free, free, free, i mean, who doesn t like free self? stuff. that d be great if we didn t have to pay for any of that front someone, as margaret thatcher said, at some point, you run out of other people s money. that is what happened in venezuela, that is what happened throughout history, and when society breaks down, that is int the militias come out, and then you see slaughtering in the streets or starvation, which is what you are seeing in eswhvenezuela. what can people do to educate young people about the perils? i know you are an old liberal. liberals aren t socialists. it s a very different approach to governing. we have to remember that franklin delano roosevelt saved capitalism by introducing a lot of the elements of socialism. obviously, not to state control over industries, but i went to brooklyn college, it was free. i could have never afforded to go to college unless it was free. i think a lot of americans would like to see reallocation of resou ....

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