Socialism Laid Bare . . .

Started by redcliffsw, September 08, 2016, 05:00:35 AM

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redcliffsw



Throughout the book, DiLorenzo draws on the critiques of socialism by Ludwig von Mises and Friedrich Hayek. He explains how welfare harms the poor, how socialism causes pollution, how the minimum wage creates unemployment, how socialism distorts markets, how government regulation makes monopolies, how the progressive income tax penalizes productivity and violates property rights, and how it is impossible for socialism to be anything but impoverishing as an economic system. He shows how fascism was merely a variety of socialism. It "achieved the basic aims of socialism—government control of the means of production—while leaving corporate managers in place."
-Laurence M. Vance

Read on:
https://www.lewrockwell.com/2016/09/laurence-m-vance/socialism-laid-bare/



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