Socialism failed in the Soviet Union. It failed in Cuba. And it’s failing before our eyes in Venezuela. Can it really succeed here in America as “New Socialists” like Bernie Sanders and Alexandria Ocasio-Cortez claim?
In his new commentary, The Intellectual Poverty Of The New Socialists, Hoover Institution Senior Fellow Richard Epstein exposes the fatal flaw in their logic, which ignores the necessity of capitalism and private markets in a free society.
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