Socialism

Displaying 1 - 10 of 105

How Boris Johnson Can "Make Britain Great Again"

Global EconomyLegal SystemSocialism

Blog07/12/2019

A future prime minister must have a clear understanding of his enemy, the socialist myth, why it fails, and why free markets succeed. 

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Why Socialism Must Fail

Free MarketsSocialismOther Schools of Thought

Blog07/08/2019

Socialism and capitalism offer radically different solutions to the problem posed by scarcity.

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INDIVIDUTOPIA and the Neo-Liberal "Society"

Socialism

Blog07/06/2019

Mises explained how the liberal society does not encourage isolation of individuals. In fact, “there is no conflict of interest between society and the individual, as everyone can pursue his interest more efficiently in society than in isolation.”

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Socialism: A Man-Made Malthusian Trap

PovertySocialism

Blog07/06/2019

Industrialization and capitalism finally freed us from the starvation and deprivation of endless centuries of subsistence living. Now socialists in Venezuela have managed to reverse centuries of progress.

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The Data Shows Socialists — Not Sanctions — Destroyed Venezuela's Economy

Cronyism and CorporatismProtectionism and Free TradeSocialism

Blog07/04/2019

If we stick to the data, regardless of which socioeconomic indicator we choose, it seems clear that the sharp economic downturn began long before 2017.

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Black Markets Show How Socialists Can't Overturn Economic Laws

SocialismWorld History

Blog06/24/2019

In the Soviet Union, any significant goods had two price tags: one real and another virtual. One was the actual black-market price. The other was the "official" government price.

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Cuba Rations Food As Its Socialist Economy Enters Crisis Mode

Socialism

Blog06/11/2019

While many have been talking about Venezuela's food shortages,  Cuba is now implementing a rationing program to combat its very own socialism-induced shortages of basic goods.

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Economists Have Been "Useful Idiots" for the Green Socialists

The EnvironmentSocialismStrategy

Blog05/31/2019

Environmental activists in US politics are making it quite clear that their goal is nothing short of a socialist economic revolution.

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Two Reasons Why Socialism Repeatedly Fails

Socialism

Blog05/29/2019

Socialism will always encounter two big problems when regimes attempt to implement it: 1) the impossibility of economic calculation without true market prices, and 2) the lack of an incentive to produce only what consumers actually want. 

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