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by nirnira 4468 days ago
>Communism didn't work because they tried to micromanage every aspect of the economy.

No, sorry, you're completely wrong. Communism didn't work because it destroyed every incentive for industrious, honest labour, supplanting healthy competitive free-market economics with a landscape of scheming and parasitism as people scrambled to exploit one another.

Communism failed (and will fail every single time another stupid generation which hasn't even bothered to pay attention to the past implements its ideas again) because, under Communism, there is no economy.

Communism is a terrible, terrible idea. Just like all coercive redistribution, which, proportional to the degree of redistribution, destroys economic growth. It's no accident that, other than a handful of tight-knit low-population nation cum communities with large oil stakes, the number of socialist policies enacted by a legislature correlates directly with poor economic performance.

The tragedy is that populations suffering from the negative effects of these policies delude themselves into thinking that an expansion of the policies will fix their woes, rather than hard work and smart investment. It's a vicious circle.

1 comments

I look forward to the day when this ideology goes the way of Communism.
Great, I look forward to the day when you read The Gulag Archipelago and a first-year economics textbook and realise that you're talking out your ass. Maybe throw in some Hayek while you're at it. Good luck!