“Stalin, Hitler, Mao, Pol Pot, Castro, Chavez, Maduro. It doesn’t work.”
Video of George Reisman’s TedX talk on socialism.
Life in the socialist utopia of East Germany was a waking nightmare.
Socialism promises a utopia that sounds good, but those promises are never realized. It most often results in massive human suffering.
Those who have seen the 1982 Steven Spielberg movie Poltergeist may remember the scene when the little girl touches the snowy screen of her family’s television and says, “They’re here,” meaning the evil ghostly forces bringing death and...
Let’s examine the history of socialism.
Venezuelans who escaped their country’s socialism understand now that socialism creates poverty.
Indeed, democracy and freedom are frequently heralded as being synonyms. An important question, however, is, What do these concepts mean, and are they in fact synonymous?
The idea that there is a third system — between socialism and capitalism, as its supporters say — a system as far away from socialism as it is from capitalism but that retains the advantages and avoids the disadvantages of each — is pure nonsense.
Analyzing interventionism during the First World War in Germany and England.
The fact is that economic calculation, and therefore all technological planning, is possible only if there are money prices, not only for consumer goods but also for the factors of production.
The socialist system, however, forbids this fundamental freedom to choose one’s own career. Under socialist conditions, there is only one economic authority, and it has the right to determine all matters concerning production. One of the...
In a capitalist society, there is continuous mobility—poor people becoming rich and the descendants of those rich people losing their wealth and becoming poor.
The idea of government as a paternal authority, as a guardian for everybody, is the idea of those who favor socialism.
For years, I've heard American leftists say Sweden is proof that socialism works, that it doesn't have to turn out as badly as the Soviet Union or Cuba or Venezuela did. But that's not what Swedish historian Johan Norberg says in a new documentary...
“You don’t need the government to dictate how to live your life, how much money you should make, how your family should be treated.”
A recent Victims of Communism Memorial Foundation survey found that 51 percent of American millennials would rather live in a socialist or communist country than in a capitalist country.
The Pilgrims nearly starved to death. They’d tried to farm collectively — the entire community owning all the land and sharing everything, like socialists.