Why Socialism Fails
Coherent Identifier 20.500.12592/34s2s0

Why Socialism Fails

14 November 2023

Summary

Socialism is the ultimate big lie. While it falsely promises prosperity, equality, and security, it delivers the exact opposite: poverty, misery, inequality, and tyranny. Equality is achieved under socialism only in the sense that everyone is equal in his or her misery.

Published in
United States of America

Creators/Authors

Mark J. Perry
Senior Fellow Emeritus

Tags

socialism free-market capitalism morality of markets

Topics