Socialism

Using an unbiased rubric to evaluate political doctrines reveals that spectrum polarization depends on three conditions: attitudes toward private property, individual freedom, and wealth redistribution.

Electing better planners won't make socialism work. Central planning fails because planning without the feedback mechanisms of the market is an impossible task.

Electing better planners won't make socialism work. Central planning fails because planning without the feedback mechanisms of the market is an impossible task.

The discontent and unrest that followed the 2020 presidential election was, at least in major part, one of the innumerable destructive consequences of an almost 250-year-old error in economic theory made by Adam Smith: namely, the belief that profits are a deduction from wages. 

Democrats want taxpayer funding for the families of those who died of covid. But, of course, there's no discussion of helping those who died as a result of covid lockdowns, such as those who were denied medical treatment for cancer. 

If anything, stakeholder capitalism represents a consumptive worm set to burrow into and hollow out corporations from within, to the degree that the ideology and practice find hosts in corporate bodies.

Even granting the goals of “meeting people’s needs” and “selflessness” cherished by socialists, a property-based market economy is far superior at meeting those goals in modern civilization compared to a top-down, centrally controlled socialist system.

In January 1921, thirty-five hundred people packed the Lexington Theater in midtown Manhattan to hear a debate of socialism. Ludwig von Mises in Vienna later called the debate "instructive."

China is the model for the economic and political system being promoted in the West, and the Great Reset is the most forthright articulation of that system—although its articulation is anything but perfectly forthright.

In January 1921, thirty-five hundred people packed the Lexington Theater in midtown Manhattan to hear a debate of socialism. Ludwig von Mises in Vienna later called the debate "instructive."