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Socialism is the Big Lie... Everyone Receives Equal Misery... is the Key....
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Socialism is the Big Lie of the twentieth century.
Equality is achieved only in the sense that everyone is equaly in misery.
Socialism has miserably in countries around the world.
Socialism is a system that ignores incentives.
'The trouble with socialism is that eventually ... you run out of other people's money" Margaret Thatcher ...
WHY SOCIALISM FAILED
by Mark J. Perry, Ph.D.
Socialism is the Big Lie of the twentieth century. While it promised prosperity, equality and security, socialism delivered poverty, misery and tyranny.
Equality was achieved only in the sense that everyone was equal in his or her misery.
Socialism is now a bankrupt, discredited, and flawed nineteenth century theory that has failed miserably in countries around the world.
In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may show early signs of success.
However, as we have seen recently, any initial success of collectivism quickly fades as the fundamental deficiencies of central planning emerge. It is the initial illusion of success that gives government intervention its pernicious, seductive appeal.
In the long run, socialism has always proven to be a formula for tyranny and misery.
This is a GREAT article... I can only post a little because of copywright but do take the time to LINK to it... it is very well written..
[link to spruce.flint.umich.edu]
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