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As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by DAILYCALLER.COM:

WASHINGTON — Former U.S. Ambassador to the United Nations Nikki Haley condemned “trendy” socialism Wednesday and said socialism “means a living nightmare every single day.”

Haley spoke Wednesday at the Hudson Institute think tank in Washington, D.C., where she emphasized the benefits of capitalism and warned against the dangers of socialism.

The article goes on to state the following:

“Socialism has failed everywhere it’s ever been tried,” Haley said. “Instead of prosperity, it leads to poverty.”

Haley added, “Instead of opportunity, it creates dependency. Instead of liberty, it means oppression at home and often means aggression abroad instead of hope for a better tomorrow.”

Referring to Democrat Socialist Rep. Alexandria Ocasio-Cortez and socialist Sen. Bernie Sanders, Haley warned that “socialism has become trendy in parts of America these days,” and said, “Only in a prosperous country like America can people be so flippant about capitalism and so naive about socialism.”

Below is the video of her full speech:

“I came here today with a simple goal. To remind us why capitalism is the best economic system the world has ever seen,” Haley said.

“It is a myth that capitalism is just for the wealthy or big corporations. It is also a myth that capitalism is all America stands for. We have other deeply held values that make our economy and our country stronger…Everywhere capitalism takes root, people do better,” she added.

“Only in a prosperous country like America can people be so flippant about capitalism and so naïve about socialism. Do you know where people aren’t demanding socialism? Venezuela. Nicaragua. North Korea. Every socialist country ever,” Haley warned.

“Nothing moved me like the suffering of the good people of Venezuela. The average Venezuelan lost 24 pounds in 2017 alone. Four million have fled their homeland. They are literally fleeing socialism,” she said.

To get more information about this article, please visit DAILYCALLER.COM.

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