Saturday, September 07, 2019

Socialism by guest blogger, Michael Smith

"Socialism is like a Ponzi scheme, it only works for the ones at the top and only then if they an keep everyone in the game. The major difference is that where Ponzi schemes depend on greed, socialist regimes depend on coercive force.

Socialists always promise Norway (which is a capitalist country with a massive welfare state funded by oil an gas - not socialist at all) but socialism is not scalable - it doesn't have a volume knob that goes from one to ten, Socialism is binary, it only has an on/off switch. When socialists shoot for Norway, they always wind up with Venezuela."

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