Socialism’s Fundamental Flaw that Liberals Simply Ignore – Patriot Update

Socialism’s Fundamental Flaw that Liberals Simply Ignore – Patriot Update: In Part 4 of this series, I listed some of the practical problems with socialism. In this installment, I focus on a fundamental flaw with socialism that liberals simply ignore. As the left continues to advocate for the nationalization of banks, automobile manufacturers, insurance companies, healthcare, education, and energy production, left-leaning politicians are ignoring incontrovertible evidence that socialism simply will not work in an environment of global competition. Socialism is a bad idea in a world where the ability to compete in the global arena is so large a factor in determining a nation’s quality of life. For evidence of this fact, one need only look at the situation that now exists in Europe as a result of socialist government policies and the socialist mindset of the people.


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