Socialism
Socialism is a range of economic and social systems characterized by social ownership of the means of production as well as the political theories and movements associated with them. The Top 10 socialist countries in the world in 2012: China, Denmark, Finland, Netherlands, Canada, Sweden, Norway, Ireland, New Zealand, Belgium. Other countries who ascribe to this political ideology are Cuba, Venezuela, Greece and many others. Greece Illustrates 150 Years of Socialist Failure in Europe. There are many varieties of socialism and there is no single definition encapsulating all of them, though social ownership is the common element shared by its various forms. Social ownership may refer to forms of public, collective or cooperative ownership, or to citizen ownership of equity. The Socialist Party of America was founded in 1901. • “Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery” — Sir Winston Churchill. • Garry Kasporov, former World Chess Champion, put it this way on Super Tuesday, 3/1/16: ” I’m enjoying the irony of American (Bernie) Sanders supporters lecturing me, a former Soviet citizen, on the glories of socialism. Socialism sounds great in speech soundbites and on Facebook, but please keep it there. in practice it corrodes not only the economy but the human spirit itself.” • As a great economist Milton Friedman once said, “If you put the government in charge of the Shara Dessert, in five years there’d be a shortage of sand.“ Centralized government control, which is what socialism is, inevitably, ultimately, stamps out individual creativity and talent and industriousness. Collectivism is soul-killing.

How the Bourgeois Deal Enriched the World

12/1/20
from CATO Institute,
September/October, 2020:

Thomas Hobbes wrote in 1651 that lives in the state of nature, without an all‐​powerful Leviathan in charge, are “solitary, poor, nasty, brutish, and short.” His list fits most of the human experience, both with an effective Leviathan and without. But a century or so after he wrote, the times they really were a‐​changin’. In the words of a British schoolboy, “about 1760 a wave of gadgets swept over England.” That wave soon became a flood of global prosperity. Real income per person has increased since 1800 by at least a factor of 10—even in very poor countries. It’s more like a factor of 30, 50, or 100 in the rapidly expanding list of bourgeois countries in places such as East Asia and Latin America. What happened? Is the appropriate response to the modern world irritated sorrow or happy celebration? We suggest celebration. The world was and continues to be greatly enriched by adopting the Bourgeois Deal.

Did the government do it? Nope.

Solitary? The revolution in communication makes it easy to play chess with someone on the other side of the world.

Poor? Compare $3 a day worldwide around the year 1800, expressed in 2008 prices, to roughly $30 a day nowadays worldwide (and roughly $100 a day in rich countries).

Nasty? Compare your Roomba‐​swept floor to Erasmus of Rotterdam’s account of 16th‐​century English houses: “The floors are commonly of clay, strewed with rushes; under which lies unmolested an ancient collection of beer, grease, fragments, bones, spittle, excrements of dogs and cats, and everything that is nasty.”

Brutish? As the late Hans Rosling put it, “Hunter‐​gatherer societies often had murder rates above 10 percent, and children were not spared. In today’s graveyards, child graves are rare.”

Short? Life expectancy worldwide was 29 years in 1770. It had risen by 2014 to 71.

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