The Ugly Reality of Socialism

Central planning delivers misery.

by John Stossel
Reason.com

People hate America’s big disparities in wealth. It’s a reason why, among young people, socialism is as popular as capitalism.

The Democratic Socialists of America want a country based on “freedom, equality and solidarity.” That sure sounds good.

But does socialism bring that?

My new video debunks several myths about socialism.

One reason for socialism’s continued appeal is linguist Noam Chomsky. For generations, his work has taught students that capitalism is “a grotesque catastrophe.”

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