by Dan Mitchell | Jul 13, 2019 | Big Government, Blogs, Economics, Socialism
I’ve repeatedly warned about the downsides of socialism, calling it “evil and stupid,” as well as a “dreary failure.” Though these debates can be frustrating because of vague definitions. Some people, when they talk about socialism, are referring to government...
by Dan Mitchell | Jul 3, 2019 | Big Government, Blogs, Economics, Socialism
By offering all sorts of freebies to various constituencies, Bernie Sanders has positioned himself as the true-believing socialist in the Democratic race (even though he’s actually a member of the “top-1 percent”). But he has plenty of competition. Kamala...
by Dan Mitchell | Jun 22, 2019 | Blogs, Economics, Europe, Socialism
I don’t think either Senator Bernie Sanders or Representative Alexandria Ocasio-Cortez actually understand that socialism is an economic system based on government ownership of the means of production, augmented by central planning, and price controls. For what it’s...
by Dan Mitchell | Jun 14, 2019 | Blogs, Economics, Socialism
When writing about Bernie Sanders back in 2016, I put together a flowchart to identify different strains of statism. In part, I wanted to show that genuine socialists, with their advocacy of government ownership, central planning, and price controls, aren’t really the...
by Dan Mitchell | Jun 10, 2019 | Blogs, Economics, Socialism
How do we measure the cost of Venezuelan socialism? Is it people eating household pets? Is it people dying of malnourishment? Is it women selling their bodies? Actually, it’s all of the above. And there’s plenty of additional evidence. All of which shows that more...
