Dominic Ingemi retweetledi
Socialism fails because you can't calculate without prices. Mises destroyed this fantasy in 1920 — central planners literally cannot know what to produce or how much without market signals. Venezuela burned through $1 trillion in oil wealth. The Soviet Union collapsed despite controlling half of Europe.
What about the incentive problem? When you divorce effort from reward, productivity craters. Why work hard when your neighbor gets the same paycheck for doing nothing? (Cuba's sugar harvests dropped 75% after collectivization.) Private property rights create the feedback loops that make prosperity possible.
Every socialist experiment ends the same way: shortages, corruption, and people fleeing to capitalist countries. The Berlin Wall kept people IN, not out.
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