Tuesday, February 7, 2012

Why You Don't Want Socialism — Unless You're In Love With Poverty For All

SEE HERE  Today's Delancey Place quotes from The Dominion of War: Empire and Liberty in North America, 1500-2000 by Fred Anderson by Penguin (Non-Classics) — "U.S. GDP, already three times larger than Russia's at the time of the Revolution, is now seven times larger at $15 trillion."  The reality of socialism is that it discourages initiative and industry and rewards indolence and constrains freedom and fundamental rights, especially those related to property and owning what you have created and earned.  Russian communism is a case in point.  However, it would not be difficult to multiply examples among the many varied socialist regimes in the world.

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