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Whether racially motivated or not, land expropriation in South Africa is just another episode of state-forced wealth redistribution — with disastrous effects.
The German use of wartime central planning paved the way for full-blown socialism.
Big GovernmentSocialismOther Schools of Thought
Paul Krugman is right to praise Denmark, but he likes the one thing that they’re doing wrong and overlooks all the things they get right.
All socialist states, including democratic ones, demand obedience and conformity in their economic and cultural diktats. And there is no kind and gentle way of snuffing out resistance.
A just society is not some game of chess where we can move around each person like they exist to carry out the goals of "the people."
Not unlike the United States, Nordic countries have mixed interventionist economies that nonetheless rely heavily on property rights and the private sector.
There is no truly equal way to distribute goods. But capitalism offers a way for more people to benefit from the process of bidding for those goods and services.
Americans must beware of Trojan-horse definitions of freedom — definitions that, once accepted, allow bureaucrats to take over everyone’s life.
SocialismOther Schools of Thought
Socialism has long led to pitting one group against another. But many younger taxpayers have yet to see the downside to this.
The realities of modern Venezuela, combined with the global ambitions of China, could make a deal between the two countries a logical outcome.