Socialism

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Chile Is in Danger of Becoming Just Another Crisis-Ridden Latin American Country

Media and CultureSocialismWorld History

Blog12/23/2019

Axel Kaiser writes that Chileans’ “advantage is due to an historical accident, which is now coming to an end” and predicted that “Chile will show, in the coming years, that it is nothing more than any other Latin-American country.”

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Three Arguments Debunking Marx’s Labor Theory of Value

Labor and WagesSocialismOther Schools of Thought

Blog12/21/2019

As dismissive as many of us would like to be toward Marx’s thoroughly debunked labor theory of value, it still holds currency among today’s budding socialists.

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Elizabeth Warren Shouldn't Be So Proud that Her Big Plans Are Already "Paid For"

HealthSocialism

Blog12/21/2019

Politicians are very proud when they can say a proposed program is "paid for." But this only means they've identified their intended victims ahead of time. Naming who will be plundered does not justify plunder.

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Bernie Sanders and Robert Reich Don't Just Want to Tax the Rich, They Want to Abolish Billionaires

Big GovernmentSocialismTaxes and Spending

Blog12/20/2019

The American Left used to argue that we needed higher taxes on the rich so they would "pay their fair share." Nowadays, they are arguing that billionaires shouldn't exist at all.

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How Bernie Sanders and Elizabeth Warren Are Channeling Venezuela's Hugo Chávez

SocialismWorld History

Blog12/17/2019

That so many voters, pundits, academics, and media figures are taken in by the Warren-Sanders wealth confiscation and redistribution schemes does not bode well for our economic and political future.

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The Communism of Broadway and Hollywood

Media and CultureSocialism

Blog12/06/2019

It is noteworthy to remember that no other American milieu was more enthusiastic in the endorsement of communism than that of Hollywood.

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Maternal Care Scandal in Britain’s NHS Reveals Human Costs of Socialised Medicine

HealthSocialism

Blog11/26/2019

In a sense, it is hardly surprising that so little attention has been paid to scandals within universal healthcare systems given the histories of underperformance, scandal, and perpetual crisis associated with many such systems.

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6 Reasons Why the Most Hated Politician in Latin America Became President of Brazil

Socialism

Blog11/21/2019

For many Brazilian voters, Jair Bolsonaro offered a chance to break with decades of failed economic policies. Time will tell if they were right.

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4 Reasons Why Socialism Is Becoming More Popular

Socialism

Blog11/08/2019

When it comes to addressing the popularization of socialism, the radicalization of academia is the lynchpin issue. If we could succeed in reversing that tsunami, many dominoes would fall.

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Africa's Socialism Is Keeping it Poor

Socialism

Blog11/02/2019

Socialism was sold to Africans as the antidote to the legacy of colonial occupiers. But it was the African countries that most resisted socialism that experienced the greatest gains in standards of living.

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