Socialism Sucks: Two Economists Drink Their Way Through the Unfree World
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Socialism Sucks: Two Economists Drink Their Way Through the Unfree World
Do We Have to Say It Again? Socialism Sucks!
Apparently we do. Because today millions of Americans€"young and old€"are flocking to the socialist banner and chanting, €œWhat do we want? Socialism€"the economic system that has impoverished people everywhere and resulted in the deaths of tens of millions! And when do we want it? Now!€Â
Really?
Most people seem somehow to have missed Economics 101 and don€t understand that socialism isn€t nice, cuddly government that takes care of everything for you so that you can remain an adolescent forever. No, we€ve seen it tried over and over again with catastrophic consequences.
Luckily, two semi-sober economists have toured the socialist world so you don€t have to. And they€ve come back with this stunning report: Socialism Sucks!
Along the way, you€ll learn:
€ Why the so-called Swedish model might be attractive, but sure isn€t socialism (Sweden is capitalism with a big welfare state)
€ How socialist Venezuela went from being the toast of liberals everywhere€"Viva Venezuela!€"to being just toast
€ Why you never see new cars in Cuba
€ Why no one forgets to turn out the lights in North Korea (hint: there aren€t any)
€ Why American socialists have no idea what socialism really is
How hard it is to find good beer€"or sometimes any beer at all€"in socialist countries
Irreverent but honest economists Robert Lawson and Benjamin Powell have all the data€"and even more important, the firsthand global experience€"to affirm that socialism fails to deliver on any of the utopian promises it makes and instead is very bad for your economic (and other) health. This is a book that every American who values freedom and sound economics (and good beer) needs to read.