Every time socialism is attempted, it fails. The answer from socialists each time, “that wasn’t real socialism.” The Institute of Economic Affairs has created a great video explaining the circular thinking phenomenon. Hat tip to Cato Institute scholar Dan Mitchell for highlighting this great video on his blog, International Liberty.
Socialism: Doomed before it begins!
Latest posts by Richard C. Young (see all)
- Work to Make Money/Invest to Save Money - October 17, 2017
- Despite National Front Disarray, Le Pen’s Ideas Fight On - October 17, 2017
- Establishment GOP Loves Trump’s Iran De-Certification - October 16, 2017