
Sign up to save your podcasts
Or


Socialism is a secular religion with saints and holidays. The chief selling point is that it sells 'heaven on earth".
This is a compelling selling point and one can understand why some cling to the ideology. It is a faith. It comforts. It gives a reason for suffering. It offers a way to a better world.
It is however economic snake oil. Fundamentally socialism can not price things effectively and is therefore always doomed to eventual implosion. It lacks dynamism. It denies the dignity of the individual. It eventually destroys wealth and prosperity in absolute terms while empowering a class of government managers who act like an aristocracy. Only it's even worse than a heredity aristocracy, it's a aristocracy of busybodies, of planners, of bureaucrats.
But it is a faith and its roots are deep. Many of us had hoped that we had ACTUALLY progressed past the ugliest type of socialism. Sadly however some seek to keep the religion alive. And many of these people are young people who given the carnage of the last century have no excuse for their infatuation.
By Nick SorrentinoSocialism is a secular religion with saints and holidays. The chief selling point is that it sells 'heaven on earth".
This is a compelling selling point and one can understand why some cling to the ideology. It is a faith. It comforts. It gives a reason for suffering. It offers a way to a better world.
It is however economic snake oil. Fundamentally socialism can not price things effectively and is therefore always doomed to eventual implosion. It lacks dynamism. It denies the dignity of the individual. It eventually destroys wealth and prosperity in absolute terms while empowering a class of government managers who act like an aristocracy. Only it's even worse than a heredity aristocracy, it's a aristocracy of busybodies, of planners, of bureaucrats.
But it is a faith and its roots are deep. Many of us had hoped that we had ACTUALLY progressed past the ugliest type of socialism. Sadly however some seek to keep the religion alive. And many of these people are young people who given the carnage of the last century have no excuse for their infatuation.