Why Socialism Fails

Why Socialism Fails Authored by Deborah Palma via The Epoch Times (emphasis ours), Economics is not a zero-sum game in which one person’s gain comes at another’s expense; nor is it just about numbers or purposeless statistical aggregates, but conscious human action. Custom image by FEE Ludwig von Mises, in his work “Human Action,” explains that individuals act to replace a less satisfactory state of affairs with a more satisfactory one. This process is inherently subjective an...

By Tyler Durden