Sunday, November 19, 2023

Why Socialism Always Fails

A pyramid scheme is ultimately unsustainable because it is based on faulty principles. Likewise, collectivism is unsustainable in the long run because it is a flawed theory. Socialism does not work because it is not consistent with fundamental principles of human behavior. The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives.

Socialists point to a false sense of victimhood.

Yet, nobody starves to death under a free market.  There are many programs, public and private, to help the poor and there is an abundance of food.

Meanwhile,  you have food lines under socialism.

Thursday, November 2, 2023

Civilization in Decline

I think that we are a civilization in decline.  Do I need to explain why?  You could think of a dozen reasons.

The biggest problem is our National Debt, exceeding our capacity to repay.  This has led to a debasement of our currency, making everyone poorer.

Culturally we have been destroying ourselves from within over petty squabbles.

The political class appears to be very corrupt.

We are involved in conflicts that could, although unlikely, lead to World War III.  Multiple countries oppose us.