Friday, October 26, 2018

The Empty Promises of Socialism

The historical record is clear: Everywhere it has been tried, socialism has done harm.

American socialists like Sen. Bernie Sanders, I-Vt., and Alexandria Ocasio-Cortez overlook the misery socialism has wrought in countries like the U.S.S.R., North Korea, and Venezuela.

Socialism works directly against economic freedom, and therefore threatens each of these accompanying benefits.

The historical record does not look kindly upon socialism.

Rather, the historical experience with agriculture is relevant because it involved economic disincentives, central planning, and a state monopoly over a sector that was large when socialism was introduced similar to health care today.

These are the opportunity costs of socialism from a modern American perspective.

An old expression says, "You don't know what you've got till it's gone." That may soon apply to economic freedom in the United States unless truth-tellers begin pushing back on the narrative coming from our cultural elites who favor socialism.


https://www.dailysignal.com/2018/10/25/the-empty-promises-of-socialism/

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