by Dan Mitchell | Jul 19, 2016 | Blogs, Economics, Free Market
Over the years, I’ve repeatedly tied to explain why socialism is a terrible system while also explaining that we should be careful not to label people as socialists if it’s more accurate to refer to them as statists, redistributionists, cronyists, or fascists. To help...
by Dan Mitchell | Jun 4, 2016 | Big Government, Blogs
Socialism is a very bad concept. It deserves mockery rather than respect. But that’s true of all statist ideologies. Last year, as part of a column on the collapse of the Soviet Empire, I put together a statism spectrum showing the degree to which various nations...
by Dan Mitchell | May 30, 2016 | Big Government, Blogs, Economics
I feel sorry for the Venezuelan people, but I’m perversely glad that the country is collapsing. That’s because it’s nice to have proof that Margaret Thatcher was right when she famously warned that the problem with socialism is that you eventually run out of other...
by Dan Mitchell | Apr 11, 2016 | Blogs, Economics, Free Market
I don’t care whether it’s called socialism, fascism, or communism, statism is evil and destructive. And going partway down that path with “democratic socialism” may avoid brutality, but the end result is still economic misery. In hopes of getting this point across, I...
by Dan Mitchell | Apr 1, 2016 | Big Government, Blogs, Economics, Socialism
The debate over socialism shouldn’t even exist. Everywhere big government has been tried, it has failed. And we have reams of evidence that free-market economies dramatically out-perform statist economies. Yet the siren song of socialism still appeals to a subsection...
