The Problem with Socialism

A Great Book Our youngest son Dan, born in 1987, claims socialism is good. Like many other people in his Millennial Generation born 1982-200A Great Book Dr. Donald Miller Our youngest son Dan, born in 1987, claims socialism is good. Like many other people in his Millennial Generation born 1982-2004, despite growing up in a home with libertarian parents, he backed Bernie Sanders and thinks socialism works. A case in point, he argues: “Look at Sweden. It works there!” My wife and I have tried to dispel this notion and other collectivist views he holds since he attended and graduated from college, without effect.When I learned that Tom DiLorenzo had written a new book titled THE PROBLEM. , despite growing up in a home with libertarian parents, he backed Bernie Sanders and thinks socialism works. A case in point, he argues: “Look at Sweden. It works there!” My wife and I have tried to dispel this notion and other collectivist views he holds since he attended and graduated from college, without effect.When I learned that Tom DiLorenzo had written a new book titled THE PROBLEM. "Three Practical Obstacles to Socialism" according to Bassocantor. In THE PROBLEM WITH SOCIALISM, Thomas DiLorenzo, an economics professor at Loyola University in Maryland, presents the arguments--both theoretical as well as practical, why socialism inevitably fails.The "Problem" suggested in the title is actually a trifold problem, covering three practical obstacles to socialism, which the author terms: INCENTIVE, KNOWLEDGE, and CALCULATION. The author cites concrete examples to illuminate each of the three. I confess I only knew of the first issue.INCENTIVE PROBLEMThe author shows an early i. Socialism, the perfect disgrace. It is hard to find a book that in so few pages gives you a complete account of what socialism is today. Thomas J. DiLorenzo did it by synthesizing the ideas, the facts and the omnipresence of this malevolent doctrine, which is not an easy task. Socialism works as a maze that is always on progress so you cannot completely encompass it. When you believe that you found the layout, another corridor appears.Just sixteen chapters were necessary to cover the topic in its most recurring manifestations. The chapters are brief and the to

What's happened? Do Americans need a reminder about the dangers of socialist ideology and practices? Thomas DiLorenzo, economics professor and senior fellow at the Ludwig von Mises Institute, deconstructs the retrograde ideology that has suddenly become disturbingly hip in The Problem with Socialism.. Remember when socialism was a dirty word? Now students at America's elite universities are parroting socialist talking points and "sure thing" Hillary Clinton is struggling to win the Democratic nomination against a 74-year-old avowed socialist who promises to make the nation more like Europe