Socialism


Public Goods, National Defense, and Central Planning

by
The competitive market economy is a powerful institutional mechanism for bringing human ingenuity, energy and creativity to bear to improve both the material and cultural circumstances of multitudes of people around the world. Wherever relatively free market capitalism is operating, it succeeds in ending human poverty and brings about rising standards of living for hundreds of millions, indeed, now ...

Paul Leroy-Beaulieu: A Warning Voice About the Socialist Tragedy to Come

by
The Russian Revolution of November 1917, now being marked by its centenary, ushered in a hundred years of political tyranny and terror, economic suffering, exploitation and corruption, along with unimaginable mass murder, among the tens of millions of people who came under the control and command of Marxist inspired socialist regimes around the world.  But before this tragic episode ...