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In command economies, you get what you get and you hope that it fits.
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Leave aside every other problem of socialism (such as how it can rationally manage an economic process or achieve perfect material equality), and you are still left with the massive problem of power.
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Here you will find the full English text of the now-famous film, complete with explanatory videos with interviews from experts.
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The Joker is not just one man, not just a crazy person, but the instantiation of the insane and morbid dangers associated with persistent personal failure backed by a conviction that when there is a fundamental conflict between a vision and reality, it can only be solved by the creation of chaos and suffering.
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Two recent surveys’ reporting that more than half of millennials identify as socialist should ring alarm bells for people who support free markets and individual liberty.
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I’d take whatever Bernie Sanders calls socialism over accountable capitalism any day, because rather than starve the dynamic private sector of resources, Elizabeth Warren’s vision stifles the dynamism itself.
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My students in Prague (or in Fairfax) do not appreciate enough how the right-wing populist assault on markets is as (if not more) dangerous to the Liberal Project as those from the left.
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In a world where it sometimes feels like free market advocates are tolerating more intervention in our economy than we would have ever predicted, Lavoie calls upon us never to forget the abiding importance of remaining true to one’s belief in the power and humanity of markets.
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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.
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A great divide is opening between older socialists like Sanders and ‘The Squad’
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Empirically, the socialist record is one of dismal and at times murderous failure. Why, then, do intellectuals, scholars, and commentators continue in their romantic attachment to it?
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Among the most conspicuous of socialism’s failings is its capacity to generate vast shortages of things essential for life.
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