Thor Halvorssen Discuses Socialism

Thor Halvorssen was recently interviewed on Fox Business Network’s show “The Intelligence Report with Trish Regan” to discuss his unique perspective on socialism and its potential pitfalls when implemented by certain types of governments. Halvorssen is the president and face of the Human Rights Foundation, an organization dedicated to advocating for the protection of human rights all of the world and with headquarters in New York City. Halvorssen has a particularly unique perspective based on his professional and personal experiences with what has been a particularly hot topic in light of U.S. Senator Bernie Sanders’ presidential campaign — democratic socialism.

Halvorssen was asked by Fox to break down the reality of how socialism is typically implemented around the world, as opposed to how the idea of socialism is presented in textbooks and discussed by academics. Halvorssen explains to viewers that socialism has the potential to be a worthy pursuit in principle, it has the danger to empower national governments to reach too far in taking away rights and properties from their citizens. Halvorssen says that the reason socialism tends to lead to the central government controlling too much is that it involves a type of redistribution of resources. If there are not adequate controls, such as checks and balances, a central government can turn into an authoritarian regime under the guise of adopting democratic socialist principles to apparently help the more underprivileged classes of society.

Halvorssen was also asked in the interview about which democratic candidate he intends to support for the U.S. presidential race. Given Thor Halvorssen’s inherent concerns about dangers of socialist principles, it may come as a bit of a surprise to viewers that he supports Senator Sanders for president. In fact, Halvorssen admitted that he contributed the maximum amount allowed under law to Senator Sanders’ presidential campaign. Halvorssen says that even though he may not be a strong advocate of socialism, he has grave concerns about Hillary Clinton and her ties to various dictators around the world personally and politically, which Halvorssen says could be a serious hurdle to his central mission of supporting international human rights.