Wednesday, March 23, 2005
The doctrine of Socialism has always had disastrous consequences, yet many are eager to align themselves with it anyway. Why is Socialism a bad philosophy? Why has it always failed, and why do so many still embrace it?Rachael answers by linking to this great piece by Richard W. Rahn.
If people knew the real history of all the socialist experiments and its flawed theory, very few (other than the delusional or mean-spirited) would be socialists.Rahn explores the problems of socialist states, but fails to explore the ramifications of socialist ideas in capitalistic countires. I would love to see a similar examination of the dramitically ugly consequences of socialist actions in things like environmental policy.