Wednesday, June 5, 2024

Why Socialism Always Fails

A pyramid scheme is ultimately unsustainable because it is based on faulty principles. Likewise, collectivism is unsustainable in the long run because it is a flawed theory. Socialism does not work because it is not consistent with fundamental principles of human behavior. The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives.






Socialists point to a false sense of victimhood.




Yet, nobody starves to death under capitalism.  There are many programs, public and private, to help the poor and an abundance of food.

Meanwhile,  you have food lines under socialism.


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