{"id":7967,"date":"2016-08-25T07:59:00","date_gmt":"2016-08-25T02:29:00","guid":{"rendered":"http:\/\/patriotsforumindia.com\/?p=7967"},"modified":"2016-08-25T07:59:00","modified_gmt":"2016-08-25T02:29:00","slug":"socialism-the-worlds-greatest-generator-of-poverty-%e0%a4%95%e0%a5%8d%e0%a4%af%e0%a4%be-%e0%a4%b8%e0%a4%ae%e0%a4%be%e0%a4%9c%e0%a4%b5%e0%a4%be%e0%a4%a6-%e0%a4%b9%e0%a5%80-%e0%a4%97%e0%a4%b0","status":"publish","type":"post","link":"https:\/\/patriotsforumindia.com\/?p=7967","title":{"rendered":"Socialism: The World’s Greatest Generator Of Poverty : \u0915\u094d\u092f\u093e \u0938\u092e\u093e\u091c\u0935\u093e\u0926 \u0939\u0940 \u0917\u0930\u0940\u092c\u0940 \u0915\u093e \u091c\u0928\u094d\u092e\u0926\u093e\u0924\u093e \u0939\u0948"},"content":{"rendered":"
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Socialism: The World’s Greatest Generator Of Poverty<\/h1>\n
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\"Tyler<\/a><\/div>\n
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by Tyler Durden<\/span><\/u><\/a><\/div>\n
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Submitted by Allen Mendenhall via The Mises Institute,<\/span><\/u><\/em><\/a><\/p>\n

If you\u2019re looking for a short introduction to socialism that rewards rereading, <\/strong>Thomas DiLorenzo\u2019s The Problem With Socialism<\/span><\/u><\/a> <\/em>is it.<\/p>\n

Perhaps your son or daughter has returned from college talking about collective control of the means of production and sporting Bernie Sanders t-shirts. Perhaps you\u2019re a political novice looking for informed guidance.<\/p>\n

Perhaps you\u2019re frustrated with America\u2019s economic decline and deplorable unemployment rates. Perhaps you listened with bewilderment as some pundit this election season distinguished democratic socialism from pure socialism in an attempt to justify the former.<\/p>\n

Whoever you are, and whatever your occasion for curiosity, you\u2019re likely to find insight and answers from DiLorenzo.<\/p>\n

A professor of economics at Loyola University Maryland, DiLorenzo opens his book with troubling statistics: 43% of millennials, or at least those between ages 18 and 29, view socialism more favorably than capitalism, and 69% of voters under 30 would vote for a socialist presidential candidate. Socialism\u2014depending on how it\u2019s defined in relation to communism\u2014may have killed over 100 million people and impoverished countless others over the course of the 20th<\/span><\/sup> Century.<\/em><\/strong><\/p>\n

So why have the youth (full disclaimer: by certain measures, at 33, I\u2019m considered a millennial myself) welcomed this ideology that\u2019s responsible for mass killings, organized theft, war crimes, forced labor, concentration camps, executions, show trials, ethnic cleansing, disease, totalitarianism, censorship, starvation, hyperinflation, poverty, and terror?<\/p>\n

Why have death, destruction, and abject destitution become so hip and cool? Because of effective propaganda and utopian promises of \u201cfree\u201d everything.<\/strong><\/u><\/p>\n

The problem is, as anyone who\u2019s ever studied economics knows, there\u2019s no such thing as free stuff. Somebody <\/em>pays at some point.<\/p>\n

\u201cWhat socialists like Senator Sanders should say if they want to be truthful and straightforward,\u201d DiLorenzo thus avers, \u201cis not that government can offer citizens anything for free, but that they want healthcare (and much else) to become a government-run monopoly financed entirely with taxes. Taxes hide, but do not eliminate, the cost of individual government programs.\u201d<\/em><\/strong><\/p>\n

And these programs are far more expensive to society than they would be on the free market.<\/strong><\/u><\/p>\n

The predicable rejoinder to such a claim \u2014 repeated ad nauseam<\/em> by television personalities\u2014is that socialism works, nay thrives, in, say, Sweden. DiLorenzo corrects the record: \u201cSocialism nearly wrecked Sweden, and free market reforms are finally bringing its economy back from the brink of disaster.\u201d<\/strong><\/em><\/p>\n

Strong language, but DiLorenzo maps the history and supplies the data to back it up. \u201cThe real source of Sweden\u2019s relatively high standard of living,\u201d he explains, has \u201ceverything to do with Sweden avoiding both world wars and jumping into the industrial revolution when its economy was one of the freest, least regulated, and least taxed in Europe.\u201d<\/strong><\/em><\/p>\n

Other common binary assumptions are reversed in these pages: socialism causes pollution whereas capitalism protects the environment; socialism leads to war whereas capitalism is peaceful; socialism consolidates power among an elite few whereas capitalism decentralizes and disperses power, which ultimately resides with individual consumers making small economic adjustments based on their particular needs.<\/p>\n

Even socialized medicine proves more inequitable than market-based alternatives. <\/strong>Proponents of Canadian-style healthcare ignore the fact that \u201cCanadian health care is actually far more <\/em>expensive, and the quality far less <\/em>than it would be if doctors and hospitals had to compete for patients on the basis of quality and price.\u201d<\/p>\n

Coloring his analysis with references to the Austrian economists Ludwig von Mises, Friedrich Hayek, and Murray Rothbard, DiLorenzo undertakes a variety of other issues implicated by socialism: egalitarianism, fascism, income taxation, wage and price controls, monopolies, public schooling, and more.<\/p>\n

Had I been his publisher, I would have insisted that he also include disturbing, graphic, and gruesome images of real, dead human bodies stacked on real, dead human bodies, of ransacked churches, and of confiscated property<\/strong>\u2014alarmingly tangible consequences and horrifying illustrations of pure, realized socialism.<\/p>\n

Senator Sanders and most of his followers mean well, of course, and genuinely and in good faith advocate policies they believe to be in the best interests of the United States. Yet the history of the cause they champion is fundamentally at odds with their desired goals.<\/p>\n

DiLorenzo has the courage to call socialism what it is: \u201cthe biggest generator of poverty the world has ever known.\u201d For young students especially, his concise primer could make the difference between feeling the Bern, and getting burned.<\/strong><\/u><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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