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In the Soviet Union, any significant goods had two price tags: one real and another virtual. One was the actual black-market price. The other was the "official" government price.
Corporate WelfareMedia and CultureSocialism
Quite simply, there should be no public policy box marked “broadcasting.”
While many have been talking about Venezuela's food shortages, Cuba is now implementing a rationing program to combat its very own socialism-induced shortages of basic goods.
Environmental activists in US politics are making it quite clear that their goal is nothing short of a socialist economic revolution.
Socialism will always encounter two big problems when regimes attempt to implement it: 1) the impossibility of economic calculation without true market prices, and 2) the lack of an incentive to produce only what consumers actually want.
Socialist regimes have long gone to great lengths to replace all the independent institutions of civil society with the omnipotence of the state in all things.
Free MarketsSocialismPolitical Theory
Why do so many people resent capitalism, even when they benefit enormously from it?
Big GovernmentThe EnvironmentSocialism
You don’t make people better off by artificially making energy more expensive. You only make them poorer.
Media and CultureSocialismThe Police State
Socialism, democratic or otherwise, rides on the back of force and violence. When they drop the veil, its a government agent pointing a gun.
SocialismWorld HistoryOther Schools of Thought
Marx said that what he wanted was to create a one-world state. And that was Lenin’s idea too.