What’s the Problem with Socialism?
Let’s start with...everything. So says bestselling author and professor of economics Thomas J. DiLorenzo, who sets the record straight in this concise and lively primer on an economic theory that’s gaining popular…
What’s the Problem with Socialism?
Let’s start with...everything. So says bestselling author and professor of economics Thomas J. DiLorenzo, who sets the record straight in this concise and lively primer on an economic theory that’s gaining popularity—with help from Elizabeth Warren and Bernie Sanders—despite its universal failure as an economic model and its truly horrific record on human rights.
In sixteen eye-opening chapters, DiLorenzo reveals how socialism inevitably makes inequality
worse, why socialism was behind the worst government-sponsored mass murders in history, the
myth of “successful” Scandinavian socialism; how socialism is worse—far worse—for the environment than capitalism, and more.
As DiLorenzo shows, and history proves, socialism is the answer only if you want increasing unemployment and poverty, stifling bureaucracy if not outright political tyranny, catastrophic environmental pollution, rotten schools, and so many social ills that it takes a book like this to cover just the big ones.
Provocative, timely, essential reading, Thomas J. DiLorenzo’s The Problem with Socialism is an instant classic comparable to Henry Hazlitt’s Economics in One Lesson.
About the Author
Thomas J. DiLorenzo is the author of over a dozen books, including Organized Crime: The Unvarnished Truth About Government and How Capitalism Saved America. A professor of economics at Loyola College in Maryland and a senior fellow at the Ludwig von Mises Institute, he has written for the Wall Street Journal, USA Today, the Washington Post, Reader's Digest, Barron's, among many other publications. He lives in Baltimore, Maryland.
Chapter 1: The Problem with Socialism
Chapter 2: Why Socialism Is Always and Everywhere an Economic Disaster
Chapter 3: Egalitarianism versus Human Reality
Chapter 4: Islands of Socialism: The Follies of Government Enterprise
Chapter 5: Why “The Worst” Rise to the Top Under Socialism
Chapter 6: The Socialist Roots of Fascism
Chapter 7: The Myth of Succesful Scandinavian Socialism
Chapter 8: How Welfare Harms the Poor
Chapter 9: How Socialized Medicine Kills the Patient and Robs the Taxpayer
Chapter 10: How Socialism Causes Pollution
Chapter 11: Karl Marx’s “Progressive” Income Tax
Chapter 12: Minimum Wage, Maximum Folly
Chapter 13: How Socialist Regulation Makes Monopolies
Chapter 14: Destroying Capitalism by Socializing Capital
Chapter 15: Is Socialism Really The Best Way to Organize Schools
Chapter 16: Socialist Myths and Superstitions About Capitalism
