Interventionism

Social Democracy fails for the same reasons communism did. It just fails more slowly.

Before wealth can be redistributed by the state, it must first be produced. But welfare-state policies end up destroying the very wealth which is necessary for redistribution.

Many people on the left regard economics as neither a science nor a principled field of study. For them, economics is just a pseudo-science invented as corporate propaganda, and people who push "free-market economics" do so because they are either evil or brainwashed by corporate masters.

A “Green New Deal” makes no sense on economic grounds, either in spirit or in letter.