When it gets too much
I need to feel your touch
--Bryan Adams
It is unlikely that the degree and duration of socialistic practices that we endure today would have been possible without a prior period of largely unhampered markets. Because socialistic designs require more resources than can be produced by hampered market structure, a prior store or wealth is necessary for socialism to last any more than a very small period of time.
The greater the wealth that precedes socialism, the longer the period under which socialists are deluded to believe that their programs are working.
But that fantasy ultimately ends. As Margaret Thatcher observed, "Socialist governments do make a financial mess. They always run out of other people's money."
The socialist fantasy could never get off the ground without seed money from capitalism.
Subscribe to:
Post Comments (Atom)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
1 comment:
The historical experience of socialist countries has sadly demonstrated that collectivism does not do away with alienation but rather increases it, adding to it a lack of basic necessities and economic inefficiency.
~Pope John Paul II
Post a Comment