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At the end of July 2018, the National Assembly estimated that each week six Venezuelan children die of starvation.
Big GovernmentGlobal EconomySocialism
While the outrage over Maduro’s dinner with "Salt Bae" is well deserved, it's just a taste of how socialism actually operates in the real world.
Even a degenerate capitalism produces more prosperity than the best socialism. Therefore, the task ahead cannot be to remove capitalism in favor of socialism but to make capitalism better.
If a century of bloodshed, murder, vast prison systems, and starvation won’t convince the advocates of communism among American millennials, then perhaps nothing will.
SocialismWorld HistoryOther Schools of Thought
Mises showed that the distinctions between Marxist and "Anti-Marxist" socialists are on the surface. Economically, they are united.
Whether racially motivated or not, land expropriation in South Africa is just another episode of state-forced wealth redistribution — with disastrous effects.
The German use of wartime central planning paved the way for full-blown socialism.
Big GovernmentSocialismOther Schools of Thought
Paul Krugman is right to praise Denmark, but he likes the one thing that they’re doing wrong and overlooks all the things they get right.
All socialist states, including democratic ones, demand obedience and conformity in their economic and cultural diktats. And there is no kind and gentle way of snuffing out resistance.
A just society is not some game of chess where we can move around each person like they exist to carry out the goals of "the people."