Socialism always produces evil results, no matter one's intentions.
He was afraid that the world struggle today was not of Communism against Fascism, but of tolerance against the bigotry that was preached equally by Communism and Fascism. But he saw too that in America the struggle was befogged by the fact that the worst Fascists were they who disowned the word __ascism_ and preached enslavement to Capitalism under the style of Constitutional and Traditional Native American Liberty. For they were thieves not only of wages but of honor. To their purpose they could quote not only Scripture but Jefferson.
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He was afraid that the world struggle today was not of Communism against Fascism, but of tolerance against the bigotry that was preached equally by Communism and Fascism. But he saw too that in America the struggle was befogged by the fact that the worst Fascists were they who disowned the word __ascism_ and preached enslavement to Capitalism under the style of Constitutional and Traditional Native American Liberty. For they were thieves not only of wages but of honor. To their purpose they could quote not only Scripture but Jefferson.
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People are not embracing collectivism because they have accepted bad economics. They are accepting bad economics because they have embraced collectivism.
Growing economies are built by billions of actors behaving according to their own interests, coordinated through institutions that no one in particular created.Realizing this requires humility, a trait that is in short supply among would-be dictators, politicians, and bureaucrats, which is precisely why these groups are the proven enemies of prosperity in all times and places.
There is only a certain amount of wealth in the world, this thinking goes. Economics is a matter of acquiring and allocating, not creating. This was the view of the world__ smartest people, all top philosophers and not stupid people, for many thousands of years before the age of the enlightenment. It still is.