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Criticism of socialism is any critique of socialist economics and socialist models of organization and their feasibility, as well as the political and social implications of adopting such a system. Some critiques are not necessarily directed toward socialism as a system but rather toward the socialist movement, parties, or existing states.
In October 2017, Nathan J. Robinson wrote an article titled "How to Be a Socialist without Being an Apologist for the Atrocities of Communist Regimes", arguing that it is "incredibly easy to be both in favor of socialism and against the crimes committed by 20th century communist regimes. All it takes is a consistent, principled opposition to ...
The essay concludes with Einstein's analysis on how to solve these problems through a planned economy: I am convinced there is only one way to eliminate these grave evils, namely through the establishment of a socialist economy , accompanied by an educational system which would be oriented toward social goals.
The United States of America has flummoxed socialists since the nineteenth century. Marx himself couldn’t quite understand why the most advanced economy in the world stubbornly refused to ...
Do you want to live in a world where intelligence, hard work, and imagination do not determine the long-term economic and social well-being that made America great?
If you loathe socialism, then people fleeing Venezuela and Cuba for America are doing exactly what you want: Rejecting the failures of a nationalized economy and embracing the meritocracy of US ...
The free market solution is the price mechanism, wherein people individually have the ability to decide how a good should be distributed based on their willingness to give money for it. The price conveys embedded information about the abundance of resources as well as their desirability which in turn allows on the basis of individual consensual ...
The historical debate was cast between the Austrian School represented by Ludwig von Mises and Friedrich Hayek, who argued against the feasibility of socialism; and between neoclassical and Marxian economists, most notably Cläre Tisch (as a forerunner), Oskar R. Lange, Abba P. Lerner, Fred M. Taylor, Henry Douglas Dickinson and Maurice Dobb ...