As the granddaughter of a survivor of communism and socialism, I find it almost unfathomable that the political ideology my family left a continent for is creeping into my neighborhood.
A great divide is opening between older socialists like Sanders and 'The Squad'
Among the most conspicuous of socialism’s failings is its capacity to generate vast shortages of things essential for life.
When Professor Stiglitz says that his neo-socialism is the only alternative to the failed neo-liberalism of our time, he is merely saying: let me impose upon you the economic planning schemes that I consider the good, fair, and just ones for you, in place of those other command-economy coercers who want to take you down “wrong” collectivist paths compared to mine.
Government right now is historically unpopular, just as the free market is widely respected as the proper way to bring about social change.
If socialism can’t be made to work in such a small and simple case like this, why would one think that all these problems would go away once you expand the idea of common ownership to the whole of society and all existing goods?
People can vote with their feet for different political, economic, and social institutions. They have overwhelmingly voted for liberty, opportunity, and prosperity when free to do so.
The food shortages have led to the end of anything normally called morality. Gangs of a thousand go hunting for food. They seize on a grocery store and light it on fire to provide light so that people can see in order to loot the place. Then it burns to the ground.
Regardless of the intentions or naïve beliefs, a system of democratic socialism cannot escape imposing commands and controls over economic life any noticeably different than those that were in existence in the old Soviet Union.
The classical liberal must remake the moral case for individual liberty and the individual rights without which freedom cannot last in the long run – and remake the case for why the paternalism of socialism and the welfare state leaves us less human than we can or should want to be.