“Real Socialism” Has Indeed Been Tried — And It’s Been a Disaster
Capitalism doesn't have to be implemented in a "pure" form for its benefits to be realized. Meanwhile, socialists must make excuses for repeated failures.
Capitalism doesn't have to be implemented in a "pure" form for its benefits to be realized. Meanwhile, socialists must make excuses for repeated failures.
Under the "Hindenburg Program," economic and industrial interventionism became absolute in Germany. Thus the ideal of "total war" was realized.
The real founders of economic science actually wrote hundreds of years before Adam Smith.
China's new "Silk Road" for international trade is an important component in the regime's larger geopolitical strategy.
Peasants in pre-industrial societies often worked fewer hours than modern-day workers. They also had a shockingly low standard of living.
The real economic discovery of civilization was the free market.
How prevalent has political corruption been over recorded history—and how did it originate?
There's no reason to believe choosing representatives through a lottery system or "by chance" is worse than what we have now.
The medical establishment has done its best to crush market-oriented strategies to make healthcare more affordable.
The Soviet economy was such a mess that regular infusions of new technology and capital from the West were necessary to avoid total economic meltdown.