Apparently we do. Because today millions of Americans—young and old—are flocking to the socialist banner and chanting, “What 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!”
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!
The reviews have fellas toasting brewskies (beer [man drink{validate my gender pls}]) to socialism sucking.
Excellent book, informative , interesting a well written book.A great book to give to any college student ot aspiring college student. Try to get some real world facts to them before there indoctrination is complete by there marxist no nothing professors.
As a Cuban refugee Socialism sucks!- Really good book. As someone that escaped communist Cuba I could not relate more. Millennials now want ”socialism” and part of me can’t wait until their iPhones are taken away and they can’t buy Starbucks so they learn that a system that killed millions is not a good idea. I am 32 years old and that system traumatized me for life. I still wake up screaming with nightmares and then turn on the TV in the States to see Bernie...... irony of my life I guess.
My literal Econ 101 professor was like this. He also said the LTV was silly because how would you know to make a road with asphalt instead of gold. That's the level of geniuses we're working with here.
Commodity fetishism to think that gold and asphalt come out of the ether and that nodes of production shouldn't be connected and aware of what the others are doing.
If it turned out putting gold down on roads was better for whatever reason, socialism would pave it on the provision of need. Capitalism would line their driveways and private roads with it.
Maximum brain thought. Did you mention Smith developed it?
Lol this was 20 years ago and I was kind of a reactionary kid at the time anyway.
work only counts as labor if it involves a shovel
"Under socialism, how would you know to eat chicken nuggets and not poop, hmm?"
101 professors are a real tossup. Quality of professors gets better at higher level courses, but also you should look at how many business school classes they teach. Save for a handful, the best econ professors I had were employed within the business school and not the liberal arts college where the econ department was.
that's odd, you'd think that the business ones would have more capitalist :brainworms: than the liberal arts ones
The thing is that they wouldn't be able to actually teach their classes worth a damn if they were.
It's not an ideological thing. Business schools are more results-focused than liberal arts schools. If your theory sucks, it will eventually show up in your investment returns.
Yeah this guy was a prof at a small evangelical college, not exactly a high quality education.
What the hell kinda question is that lol
I don't remember much from econ 101 other than the prof spent three whole classes talking about :im-vegan: and the evils of the meat industry. I was a little shit about it but the message must have sank in, been vegetarian for almost twenty years now.
If he effected any other kids the way he did me he probably did more good than just about any another undergrad econ professor out there.
my econ 101 railed against corporations nonstop giving us example after example of corporate grift, shitty CEOs, and fraud. no real followup besides capitalism blackpill. still pretty cool though i took him for every required BUS class. he did 2 pizza parties a year and brought like a cart full of assorted flavored seltzer and soda.