THESE Are the Most Telling Failures of Socialism

[corbe]

THESE Are the Most Telling Failures of Socialism

Apr 24th, 2019
 
COMMENTARY BY Lee Edwards, Ph.D.

Distinguished Fellow in Conservative Thought

Lee Edwards is a leading historian of American conservatism and the author or editor of 25 books.


Karl Marx has been wrong about nearly everything he predicted.
Bettmann / Contributor / Getty Images

Some conservatives may be discouraged by the latest surveys confirming that nearly one-half of millennials are receptive to living under socialism and regard capitalism as a captive of greed. In fact, they present us with a golden opportunity to educate all Americans about the manifold failures of socialism and the miraculous advances the world has made under free enterprise.

For example, the Canadian psychologist Jordan Peterson revealed at a Heritage Foundation event that between 2000 and 2012, “the rate of absolute poverty in the world fell by 50 percent.” That is, “the poor in the world are getting rich at a rate that is absolutely unparalleled in all of human history.” Heritage’s 2019 Index of Economic Freedom reported that the greatest advances came in African and Asian countries (such as Botswana and Taiwan) that limited rather than expanded the role of government. More than 100 countries, many of them with less developed or emerging economies, showed marked advances in economic growth and individual prosperity.

Such good news is seldom reported by the mainstream media, Dr. Peterson said, because of the technological revolution that’s occurring in every form of media. All the broadcast networks, leading newspapers and magazines exist in a shrinking market with dwindling margins of profit. To attract attention they are turning to an old journalism axiom: “If it bleeds, it leads.”

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https://www.heritage.org/progressivism/commentary/these-are-the-most-telling-failures-socialism?utm_medium=social&utm_source=twitter&utm_campaign=thf-tw

[Absalom]

Well intentioned yet no need to regurgitate the obvious.
Socialism is a synonym for a communal/collectivist mentality,
the driver beneath the earliest cultures which were tribal.
Ancient Greece and Rome evolved past that, recognizing
that the individual, not the tribe, was the foundation block
for creativity. All one needs to grasp this, is a history book.