4 Reasons Why Socialism Fails
Even a degenerate capitalism produces more prosperity than the best socialism. Therefore, the task ahead cannot be to remove capitalism in favor of socialism but to make capitalism better.
Even a degenerate capitalism produces more prosperity than the best socialism. Therefore, the task ahead cannot be to remove capitalism in favor of socialism but to make capitalism better.
If a century of bloodshed, murder, vast prison systems, and starvation won’t convince the advocates of communism among American millennials, then perhaps nothing will.
Mises showed that the distinctions between Marxist and "Anti-Marxist" socialists are on the surface. Economically, they are united.
Whether racially motivated or not, land expropriation in South Africa is just another episode of state-forced wealth redistribution — with disastrous effects.
Whether racially motivated or not, land expropriation in South Africa is just another episode of state-forced wealth redistribution — with disastrous effects.
The German use of wartime central planning paved the way for full-blown socialism.
Paul Krugman is right to praise Denmark, but he likes the one thing that they’re doing wrong and overlooks all the things they get right.
All socialist states, including democratic ones, demand obedience and conformity in their economic and cultural diktats. And there is no kind and gentle way of snuffing out resistance.
A just society is not some game of chess where we can move around each person like they exist to carry out the goals of "the people."
Not unlike the United States, Nordic countries have mixed interventionist economies that nonetheless rely heavily on property rights and the private sector.