The Traderszone Network

Published in TZ Latest News 1 June, 2017 by The TZ Newswire Staff

Why Do Half-Measures Work For Markets, But Not For Socialism?

Authored by Ryan McMaken via The Mises Institute,

Socialists have attempted many times to put their ideology into action. Socialism has been applied in the Soviet Union, Cuba, China (before Deng), North Korea, and by many other less-famous regimes.

In each case, the result has been economic impoverishment and political authoritarianism.

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