Speaking of socialism:

[raykeller]

Speaking of socialism:

...Socialism attempted to replace billions of individual decisions made by
sovereign consumers in the market with "rational economic planning" by a few
vested with the power to determine the who, what, how, and when of
production and consumption. It led to widespread shortages, starvation, and
mass frustration of the population. When the Soviet government set 22
million prices, 460,000 wage rates, and over 90 million work quotas for 110
million government employees, chaos and shortages were the inevitable
result. The socialist state destroyed work ethic, deprived people of
entrepreneurial opportunity and initiative, and led to a widespread welfare
mentality.....

Socialism produced political monsters like Stalin and Mao Tse-Tung, and led
to unheard-of crimes against humanity in
all communist states.

from:
Economic Calculation in the Socialist Commonwealth
by Ludwig von Mises

https://mises.org/system/tdf/Economic%20Calculation%20in%20the%20Socialist%20Commonwealth_Vol_2_3.pdf?file=1&type=document

"The champions of socialism call themselves progressives, but they recommend
a system which is characterized by rigid observance of routine and by a
resistance to every kind of improvement. They call themselves liberals, but
they are intent upon abolishing liberty. They call themselves democrats, but
they yearn for dictatorship. They call themselves revolutionaries, but they
want to make the government omnipotent. They promise the blessings of the
Garden of Eden, but they plan to transform the world into a gigantic post
office. Every man but one a subordinate clerk in a bureau."

- Ludwig von Mises