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Watch: Home Depot co-founder makes the case against Americans 'glorifying socialism'

Bernie Marcus is on a mission to stop its spread in the US

Jessica McGowan/Getty Images

Home Depot co-founder Bernie Marcus is pushing back against the spread of socialism in America, and he recently issued a video statement explaining "why it pains [him] to see people in this country glorifying" what's been proven to be a recipe for economic failure.

What are the details?

Marcus starred in a new clip for the Job Creators Network — an organization he founded to educate people on the importance of economic freedom — as part of a campaign to fight the ongoing encroachment of socialist ideals in the U.S.

The businessman used his own success story as a testimonial to the benefits of a free market system, saying, "When I co-founded The Home Depot in 1979, I'd just been fired and I was broke. There's no other country in the world that has a system where someone under these circumstances could turn a simple idea and hard work into a company that employs more than 400,000 people and has created thousands of successful millionaires.

"That's why it pains me to see people in this country glorifying socialism," he continued. "Young people, especially, have been indoctrinated into believing that free enterprise is immoral because it enriches the greedy and oppresses the poor. Even the word capitalism isn't politically correct to use."

Marcus went on to explain, "The reality is that the free market system has created the biggest middle class population in the world, and while some may say socialism is well-intentioned, the fact is it robs people of their independence, their dignity, and their finances leading to government dependence, suppression of ideas, and lower standards of living for those under its thumb."

"Support behind socialism continues to swell in our urban areas and academia, and even in the halls of Congress," the mogul warned.

Anything else?

This isn't the first time Job Creators Network has hit out against socialist targets. The group made headlines earlier this year when it trolled Democratic socialist darling Rep. Alexandria Ocasio-Cortez (N.Y.) with a billboard in Times Square decrying her successful opposition to Amazon building an additional headquarters in New York City.

One last thing…
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