Socialism will always encounter two big problems when regimes attempt to implement it: 1) the impossibility of economic calculation without true market prices, and 2) the lack of an incentive to produce only what consumers actually want.
Socialist regimes have long gone to great lengths to replace all the independent institutions of civil society with the omnipotence of the state in all things.
Why do so many people resent capitalism, even when they benefit enormously from it?
You don’t make people better off by artificially making energy more expensive. You only make them poorer.
Socialism, democratic or otherwise, rides on the back of force and violence. When they drop the veil, its a government agent pointing a gun.
Marx said that what he wanted was to create a one-world state. And that was Lenin’s idea too.
Social Democracy fails for the same reasons communism did. It just fails more slowly.
2018 was the year when, yet again, the socialist model proved its inability to generate benefits for a population
Vytas Žukauskas tells the story of Lithuania after the Soviet Union.
Hard-left "democratic socialists" think they figured out how to make government planning possible: use prices. But there's a problem in their argument: prices are impossible without markets.
