Thomas Sowell on Socialism: Why Its Policies Always Fail!

"All the impoverishing effects of socialism are with us in the U.S.: reduced levels of investment and saving, the misallocation of resources, the overutilization and vandalization of factors of production, and the inferior quality of products and services." Hans-Hermann Hoppe

"Socialism is: The taking of money (taxes) from some people who work for it and giving it to others who don't work for it. On a grand scale. The vast expansion of freebies doled out by central government. In order to create and sustain dependence. The government protection of favored persons and corporations, permitting them and aiding them to expand their fortunes without limit, regardless of what crimes they commit in the process. (Monsanto would be a fine example.) The squeezing out of those who would compete with the favored persons and corporations. The dictatorship by and for the very wealthy, pretending to be the servant of the masses. The lie that the dictatorship is being run by the masses. The gradual lowering of the standard of living for the overwhelming number of people. The propaganda claiming socialism is the path to a better world for all. In other words, socialism is a protection racket and a long con and a heartless system of elite control, posing as the greatest good. It is just another form of top-down tyranny---as old as the hills." Jon Rappoport