,,iv  #aaf? ,,congress  #a/ ,session    
,h4 ,,res4 #bec  ,,9 ,,! ,,h\se ,,(     
,,repres5tatives  ,m>* #be1 #bjai ,mr4  
,brooks ( ,alabama 7= himself1 ,mr4     
,norman1 ,mr4 ,gre5 ( ,t5nessee1 ,mr4   
,gos>1 ,mr4 ,mooney ( ,we/ ,virg9ia1    
,mr4 ,p]ry1 ,mr4 ,calv]t1 ,mr4          
,mc,clintock1 & ,mr4 ,k+ ( ,i[a7        
submitt$ ! foll[+ resolution2 :i* 0     
ref]r$ to ! ,committee on ,f9ancial     
,s]vices1 & 9 addition to ! ,committee  
on ,=eign ,affairs1 = a p]iod to be     
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,,resolution  ,recogniz+ t x is
 ! s5se ( ! ,unit$ ,/ates ,h\se (       
,repres5tatives t ,socialism poses a    
significant ?reat to ! fre$om1 lib]ty1 &
 economic prosp]ity4  ,:]eas1           
,m]riam-,web/] ,diction>y def9es        
,socialism z any ( v>i\s economic &     
political !ories advocat+ collective or 
gov]nm5tal own]%ip & adm9i/ration ( !   
means ( production & di/ribution (      

goods2 ,:]eas1 ,m]riam-,web/] ,diction>y
 also def9es ,socialism z a sy/em (     
society ( gr\p liv+ 9 :i* !re is no     
private prop]ty2 ,:]eas1 ,m]riam-,web/] 
,diction>y also def9es ,socialism z a   
sy/em or condition ( society 9 :i* !    
means or production are own$ & controll$
 by ! /ate2 ,:]eas1 ,socialism & !      
policies advocat$ = by self-describ$    
democratic sociali/s h an und]ly+       
hi/orical connection to ! ,m>xi/ !ory1  
also kn[n z ,m>xism2 ,:]eas1 ,k>l ,m>x &
 ,fri$ri* ,engels orig9ally e/abli%$    
,m>xi/ !ory :5 !y publi%$ ,! ,communi/  
,manife/o & ,das ,kapital2 ,:]eas1 !    
!ory develop$ by ^! books & t ( ,m>xism 
are a direct attack aga9/ ! capitali/   
model ( economic production & oppos$ !  
notion ( secur$ private prop]ty rights2 
,:]eas1 ,k>l ,m>x wrote 9 ,! ,communi/  
,manife/o t wh5 9 ! c\rse ( developm5t1 
class di/9ctions h disappe>$1 & all     
production has be5 conc5trat$ 9 ! h&s ( 
a va/ association ( ! :ole nation1 !    
public p[] w lode its political "*4     

,political p[]1 prop]ly s call$1 is     
m]ely ! organiz$ p[] ( "o class =       
oppress+ ano!r2 ,:]eas1 hi/ory has      
witness$ c\ntless fail$ ,m>xi/ inspir$  
regimes4 ,"t & "t aga91 )\t fail1 ,m>xi/
 & ,sociali/s inspir$ gov]nm5ts fail4   
,socialism is gu>ante$ to fail1 no matt]
 :e!r x takes ! =m ( democratic         
,socialism1 c5tral plann+ socialism1 or 
au?orit>ian ,socialism1 ,sociali/       
policies & programs d n "w2 ,:]eas1     
hi/ory has witness$ ! rise & fall (     
en\gh ,m>xi/ inspir$ sociali/ regimes to
 recognize t ,m>xism & ,socialism are   
fail$ ideologies2 ,:]eas1 9 ! #bj?      
c5tury ! ideologies ( ,m>xism &         
,socialism spread ?r\gh\t ! _w2 ,:]eas1 
?r\gh\t ! reign ( ! =m] ,soviet ,union1 
sociali/ policies & programs 7          
responsible = ! dea? ( millions ( 8 own 
citiz5s bas$ on ! deva/ation caus$ by ! 
implem5tation ( sociali/ policies &     
programs1 result+ 9 fam9e1 dea?1 &      
de/ruction2 ,:]eas1 sociali/ policies & 
programs fail$ 9 ! ,soviet ,union1 lead+

 to ! fall ( ! ,b]l9 ,wall & complete   
collapse ( ! ,soviet ,union4 ,on        
,decemb] #be1 #aiia1 ! ,soviet hamm] &  
sickle flag l[]$ = ! la/ "t ov] !       
,kreml91 !reaft] replac$ by ! ,russian  
tricolor 9 ! e>ly #aiijs2 ,:]eas1 ,mao  
,z$ong 0 ! pr9cipal ,*9ese ,m>xi/ !ori/1
 & ! lead] ( ! revolution t creat$ !    
,*9ese ,communi/ ,p>ty4 ,mao ,z$ong s]v$
 z ,*airman ( ! ,*9ese ,communi/ ,p>ty  
#aidc ?r\gh #aigf2 ,:]eas1 sociali/     
policies & programs cont9ue to de/roy   
c\ntries 9 ! #ba/ c5tury2 ,:]eas1 today1
 9 #bjai1 ! c\ntry ( ,v5ezuela is 9     
massive turmoil1 ) riots 9 ! /reets1    
massive prote/s1 disput$ elections1 &   
*all5ges to e/abli% a work+ gov]nm5t t  
is support$ by its citiz5s2 ,:]eas1     
,v5ezuela is run by two rival political 
organizations1 ! ,unit$ ,sociali/ ,p>ty 
( ,v5ezuela & ,popul> ,w1 a progressive 
social-democratic p>ty2 ,:]eas1 due to !
 p]v]se inc5tives & inh]5t flaws (      
,m>xi/ !ory1 ,socialism inevitably leads
 to societal rot1 result+ 9 deva/ation &

 de/ruction2 ,:]eas1 exi/+ sociali/     
policies are de/abiliz+ ,v5ezuela's     
economy & national /ability2 ,:]eas1    
,v5ezuela is ri* 9 natural res\rces4    
,v5ezuela has ! l>ge/ prov5 b>rels ( oil
 res]ves 9 ! entire _w1 report$ to be   
#cjj million b>rels1 by ,_w ,atlas 9    
,janu>y ( #bjai2 ,:]eas1 because ( !    
sociali/ policies & lead]s 9 ,v5ezuela1 
_! inflation rate _h so>$ to #hj1jjj    
p]c5t by ! end ( #bjah1 ) ne>ly #ij     
p]c5t ( ! citiz5s ( ,v5ezuela liv+ bel[ 
! pov]ty l9e2 ,:]eas1 because ( !       
sociali/ policies & lead]s 9 ,v5ezuela1 
! av]age ,v5ezuelan has lo/ #bd p\nds 9 
! la/ ye> due to malnutrition & lack (  
access to food1 wat]1 & o!r basic       
nutri5ts2 ,:]eas1 !re is an al>m+ am\nt 
( support = socialism & democratic      
socialism spread+ across ! ,unit$ ,/ates
 ( ,am]ica2 ,:]eas1 a #bjah ,gallup     
,poll %[$ #eg p]c5t ( ,democrats h a    
favorable op9ion ( socialism1 :ile only 
#dg p]c5t ( ,democrats poll$ h a        
positive view ( capitalism2 ,:]eas1 an  

increas+ numb] ( ,democrat politicians h
 label$ !mselves z democratic sociali/s 
ov] rec5t ye>s4 ,! l9e betwe5 democrat &
 sociali/ has be5 increas+ly blurr$42   
,:]eas1 ,s5ator ,b]nie ,s&]s1 a top     
#bjaf ,democrat presid5tial c&idate1 has
 decl>$1 ,i am a democratic ,sociali/ & 
w5t on to advocate t x's "t we _h       
,democratic ,socialism = work+ families2
 ,:]eas1 fre%man ,repres5tative         
,alex&ria ,ocasio-,cortez & ,ra%ida     
,tlaib are regi/]$ memb]s ( !           
,democratic ,sociali/s ( ,am]ica & are  
self-describ$ sociali/s2 ,:]eas1 9      
,octob] ( #bjah ,! ,:ite ,h\se's ,c\ncil
 ( ,economic ,advis]s publi%$ a report  
entitl$ ,! ,opportunity ,co/s (         
,socialism2 ,:]eas1 ?is report          
highlight$ ! inh]5t failure ( socialism4
 ,! report /at$ t in assess+ ! effects (
 sociali/ policies1 x is important to   
recognize t !y provide little mat]ial   
inc5tive = production & innovation &1 by
 di/ribut+ goods & s]vices = free1      
prev5t prices f reveal+ economically    

important in=mation ab\t co/s & consum] 
ne$s & wants2 ,:]eas1 ?is report f !    
,c\ncil ( ,economic ,advis]s is quot$ z 
we f9d t hi/orical propon5ts ( sociali/ 
policies & ^? 9 ! contempor>y ,unit$    
,/ates %>e "s ( _! visions & int5ts4 ,!y
 bo? *>act]ize ! di/ribution ( income 9 
m>ket economies z ! unju/ result (      
exploitation1 :i* %\ld be rectifi$ by   
ext5sive /ate control2 ,:]eas1 ! report 
by ! ,c\ncil ( ,economic ,advis]s also  
f\nd t !re is a /rong association betwe5
 great] economic fre$om & bett] economic
 p]=mance2 ,:]eas1 ,m>g>et ,?at*]       
7#aigf71 once argu$1 ,sociali/ gov]nm5ts
 ''' always run out ( o!r p's money1 &  
?us ! way to prosp]ity is = ! /ate to   
give ! p m *oice to sp5d _! own money 9 
_! own way42 ,:]eas1 free-m>ket         
capitalism is ! greate/ eng9e = human   
advancem5t 9 ! hi/ory ( ! _w1 br++ m p  
out ( pov]ty & into prosp]ity ?an any   
economic model 9 ! hi/ory ( mank9d2     
,:]eas1 ! ,unit$ ,/ates ( ,am]ica is !  
s+le greate/ ,nation 9 ! hi/ory ( ! _w1 

due 9 l>ge "p because ( its sy/em (     
gov]nm5t t secures private prop]ty      
rights ( all citiz5s ?r\gh ! g5ius ( ,! 
,unit$ ,/ates ,con/itution2 & ,:]eas1 on
 ,febru>y #e1 #bjai1 9 ! ,/ate ( !      
,union address1 ,presid5t ,donald ,j4   
,trump decl>$ t we are al>m$ by new     
calls to adopt socialism 9 our c\ntry & 
t ,am]ica w nev] be a sociali/ c\ntry3  
,n[1 !re=e1 be x  ,t ! ,h\se (          
,repres5tatives-- 7#a7 ackn[l$ges t     
,m>xism & ,socialism are fail$          
ideologies2  7#b7 ,socialism poses a    
significant ?reat to ! fre$om1 lib]ty1 &
 economic prosp]ity to all c\ntries &   
citiz5s ar\nd ! _w2  7#c7 ,socialism is 
a fail$ exp]im5t ( gov]nance t          
inevitably ends 9 mis]y & suff]+2  7#d7 
?r\gh\t ! hi/ory1 tradition1 & national 
civic _s ( ! ,unit$ ,/ates ( ,am]ica1   
our c\ntry has be5 a beacon ( light %9+ 
l a ligh?\se to ! re/ ( ! _w demon/rat+ 
t fre$om & lib]ty are ! sure/ =ms (     
gov]nm5t2 &  7#e7 /& ) ,presid5t ,trump 
& affirm t ,am]ica w nev] be a sociali/ 

nation4