Why socialism always fails

[MindWars]

Slightly more than 20 years, I wrote the article “Why Socialism Failed” and it appeared in 1995 in The Freeman, the flagship publication of the Foundation for Economic Education. I think it was the first essay or op-ed I wrote for a general audience following graduation in 1993 from George Mason University with a Ph.D. in economics. Note that the title of the article (“failed”) implied the past tense, as if I perhaps assumed the failures of socialism were so apparent and obvious (I called it the Big Lie of the 20th century) that it would be forever considered only as a discredited system of the past, and never as a viable option going forward into the future! Of course, at the time many parts of the world were moving away from collectivism and central planning and towards free market capitalism – the Soviet Union collapsed in 1991, the Berlin Wall came down in 1989, and China was opening up its economy and re-established the Shanghai Stock Exchange in 1990, etc.


Why socialism always fails - AEI
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But wait you have CORTEZ shoveling it all down the throat of her democratic morons and all the while they are to stupid to see all this moron is ushering in his SOCIALISM.........

 

[Pogo]

Denmark rates this thread "hilarious".

 

[Oddball]

 

[WillMunny]

On a personal level, I can tell you why socialism fails for me on general principles: I prefer a minimum of silly, pedantic, paperwork government bureaucracy in my life and I don't need government bureaucrats to hold my hand and babysit me through every personal aspect of my life. I prefer to do things myself and only depend on governmental things very rarely when absolutely necessary. But normally, I'm a do-it-myself dude who prefers nobody bothering me.

 

[Tax Man]

As a person who has made it my lifes work to help others as i would like for them to help me I find socialism to be a rather great way to live. I have made my money and helped many others to make money.