The Problem with Socialism
Posted by freedomforall 8 years, 9 months ago to Books
From the publisher:
What’s the Problem with Socialism? Let’s start with…everything. So says bestselling author and professor of economics Thomas J. DiLorenzo, who sets the record straight in this concise and lively primer on an economic theory that’s gaining popularity—with help from Elizabeth Warren and Bernie Sanders—despite its universal failure as an economic model and its truly horrific record on human rights. In sixteen eye-opening chapters, DiLorenzo reveals how socialism inevitably makes inequality worse, why socialism was behind the worst government-sponsored mass murders in history, the myth of “successful” Scandinavian socialism; how socialism is worse—far worse—for the environment than capitalism, and more. As DiLorenzo shows, and history proves, socialism is the answer only if you want increasing unemployment and poverty, stifling bureaucracy if not outright political tyranny, catastrophic environmental pollution, rotten schools, and so many social ills that it takes a book like this to cover just the big ones. Provocative, timely, essential reading, Thomas J. DiLorenzo’s The Problem with Socialism is an instant classic comparable to Henry Hazlitt’s Economics in One Lesson.
Thomas DiLorenzo is professor of economics at Loyola University Maryland and a member of the senior faculty of the Mises Institute. He is the author of The Real Lincoln; How Capitalism Saved America; Lincoln Unmasked; Hamilton’s Curse; Organized Crime: The Unvarnished Truth About Government; and The Problem with Socialism.
What’s the Problem with Socialism? Let’s start with…everything. So says bestselling author and professor of economics Thomas J. DiLorenzo, who sets the record straight in this concise and lively primer on an economic theory that’s gaining popularity—with help from Elizabeth Warren and Bernie Sanders—despite its universal failure as an economic model and its truly horrific record on human rights. In sixteen eye-opening chapters, DiLorenzo reveals how socialism inevitably makes inequality worse, why socialism was behind the worst government-sponsored mass murders in history, the myth of “successful” Scandinavian socialism; how socialism is worse—far worse—for the environment than capitalism, and more. As DiLorenzo shows, and history proves, socialism is the answer only if you want increasing unemployment and poverty, stifling bureaucracy if not outright political tyranny, catastrophic environmental pollution, rotten schools, and so many social ills that it takes a book like this to cover just the big ones. Provocative, timely, essential reading, Thomas J. DiLorenzo’s The Problem with Socialism is an instant classic comparable to Henry Hazlitt’s Economics in One Lesson.
Thomas DiLorenzo is professor of economics at Loyola University Maryland and a member of the senior faculty of the Mises Institute. He is the author of The Real Lincoln; How Capitalism Saved America; Lincoln Unmasked; Hamilton’s Curse; Organized Crime: The Unvarnished Truth About Government; and The Problem with Socialism.
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An old white-haired gentleman with a sometimes kindly demeanor, except for a lot of shouting, drives around your neighborhood and offers a free ride and many free goodies to unsuspecting children. Though many persons seem to like him, he is really a monster because he invariably offers the children free poisoned candy. He just doesn’t say it’s poisoned, though any sensible adult should recognize it as such. He disregards the pile of corpses that his candy produces and goes on to the next neighborhood—blustering away to a fresh crop of unsuspecting children, all too ready to accept his offer of free delights. When media warn about evil crimes being perpetrated, he angrily shouts, “People are sick of hearing about your damn emails.”
Imagine the candy he gives away to the unsuspecting children is deadly, poisonous socialism. Now imagine that old gentleman monster is Bernie Sanders. Wait, you didn’t need to imagine anything at all.
Bernie is a monster. He offers free delights via socialism. But it is a poisonous system of evil and death, with an unremitting legacy of social and economic destruction, along with history’s largest pile of dead millions. Why am I the only one who calls him what he is, a monster?!
CG already mentioned Bernie and Donnie.
I would refer to Trump as statist, not a racist.
You can use Venezuela as a way to support your arguments against the efficacy of socialism, but the crux and premise of your argument cannot be "we shouldn't do this because it makes people poorer." It should be "Socialism is based in collectivism, and it therefore denies the self and is inherently immoral. Every small step towards it is an evil. It's continual failures are evidence that it is an attempt to work contrary to nature, which makes it irrational and immoral. However it is not its failures that make it immoral or irrational."
The moment you concede the "argue from results" method, you are accepting that the purpose of a government or political system is to make the public happy, improve an economy, distribute wealth, take care of the sick, poor, infirm, lazy, or just plain unable to contribute. While a free economy will certainly help all of these classes of people by making it easier and cheaper to obtain the basic necessities of life, that is not why it is desirable.
I'd say that the best way to introduce this to a "rational" socialism fan is to possibly begin with some of its failures and atrocities, and then point to why any theory like it that is based on collectivism will, by its very nature, eventually result in this... Thereby introducing the flawed philosophy and having an opportunity to present an alternative view; Objectivism.
I also notice the word is Greek, which may also explain the current state of Greece.
Note to self: store "kakistocracy" in my little dino brain for future use both here and elsewhere.
http://www.dictionary.com/browse/kaki...
I have pondered why socialism seems to be the "go to" economic system which is gaining strength every day- and it always seems to get a pass when it comes to its failures.
I think not enough time and effort is spent on taking away this free pass. Socialism is a practical failure everywhere its tried and this needs to be shown at every turn to get the attention of enough people to turn the tide.
High flying morality arguments are just going right over their heads at present.
Ignoring the facts of reality IS WHY socialism doesnt work. Looking at what works is a pretty good indication of how a system is in line with the facts of reality actually.
"Human Nature"
Be it for human nature, Socialism in theory is great but you MUST assume that 100% of the entire population works and strives for the benefit of everyone else without exception, never takes more than they need, and all surplus is evenly distributed.
Since that will NEVER happen Socialism will never ever work.
The politics of Socialism are incompatible with the moral requirements of Man. More fundamentally, they are incompatible with the metaphysics of existence and the epistemology of reason.
In summary, they are inconsistent with the nature of Man and life on Earth. THAT is the reason all variants of Socialism endlessly produce the results they invariably MUST.
socialism IS the problem to say what is the problem with socialism is to break it down into components. there is nothing good about socialism in its entirety, so socialism IS the problem!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Pure socialism requires government ownership and control of both production and consumption, which is a task destined to fail, proven by socialist governments repeatedly. "Democratic" socialism leaves the means of production in private hands, but under heavy government regulation and control. The latter works, but at less efficiency than a real free market with purposefully limited government restriction.
The problem with socialism is that it just doesnt work. It flies in the face of human nature so much that the side effects of it overcome anything it tries to do and renders it a total failure.
By the time one reworked and tempered socialism so that it actually worked, we would have capitalism.
Same thing with monarchy. Before you would ever find the benevolent and all knowing person to be king, you might as well give capitalism a shot.
This is all apart from the philosophical arguments against statism of course.
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