gipper
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- Jan 8, 2011
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You want the truth? Here it is.
The Problem with Socialism....
Socialism causes pollution whereas capitalism protects the environment; socialism leads to war whereas capitalism is peaceful; socialism consolidates power among an elite few whereas capitalism decentralizes and disperses power, which ultimately resides with individual consumers making small economic adjustments based on their particular needs.
Even socialized medicine proves more inequitable than market-based alternatives. Proponents of Canadian-style health care ignore the fact that “Canadian health care is actually far more expensive, and the quality far less than it would be if doctors and hospitals had to compete for patients on the basis of quality and price.”
The predictable rejoinder to such a claim—repeated ad nauseam by television personalities—is that socialism works, nay thrives, in, say, Sweden. DiLorenzo corrects the record: “Socialism nearly wrecked Sweden, and free market reforms are finally bringing its economy back from the brink of disaster.”
Strong language, but DiLorenzo maps the history and supplies the data to back it up. “The real source of Sweden’s relatively high standard of living,” he explains, has “everything to do with Sweden avoiding both world wars and jumping into the industrial revolution when its economy was one of the freest, least regulated, and least taxed in Europe.”
Socialism: “the biggest generator of poverty the world has ever known.”
Read more: Book Review: The Problem With Socialism
READ this book, but only if you want the truth.
The Problem with Socialism....
Socialism causes pollution whereas capitalism protects the environment; socialism leads to war whereas capitalism is peaceful; socialism consolidates power among an elite few whereas capitalism decentralizes and disperses power, which ultimately resides with individual consumers making small economic adjustments based on their particular needs.
Even socialized medicine proves more inequitable than market-based alternatives. Proponents of Canadian-style health care ignore the fact that “Canadian health care is actually far more expensive, and the quality far less than it would be if doctors and hospitals had to compete for patients on the basis of quality and price.”
The predictable rejoinder to such a claim—repeated ad nauseam by television personalities—is that socialism works, nay thrives, in, say, Sweden. DiLorenzo corrects the record: “Socialism nearly wrecked Sweden, and free market reforms are finally bringing its economy back from the brink of disaster.”
Strong language, but DiLorenzo maps the history and supplies the data to back it up. “The real source of Sweden’s relatively high standard of living,” he explains, has “everything to do with Sweden avoiding both world wars and jumping into the industrial revolution when its economy was one of the freest, least regulated, and least taxed in Europe.”
Socialism: “the biggest generator of poverty the world has ever known.”
Read more: Book Review: The Problem With Socialism
READ this book, but only if you want the truth.