“What? You mean socialism does not work???? How can that be ??”
You know what is amazing? Many of the oil producing countries are socialist, or close to it (Middle East, Russia, Venezuela).
Oil wealth is as close to “free” money as you can get. Outside interests pay for the infrastructure development. All these governments need to do is stand back and wait. Then, they either tax the hoo-ha out of the oil or nationalize the industry.
And yet, all of these countries have poor populations. Every single one of them has the same poverty problem. Free money + socialism SHOULD equal prosperity for all, right?
It proves the fallacy of socialism. It creates more of a have/havenot state than capitalism. I’ve seen it in China. The rich vs. poor there is astounding compared to the US.
What area of China have you been to? Most of China is rural and poverty is widespread while some are prospering in the free enterprise areas of the cities and the coast no?
Russia is far from socialism now. It is more akin to the wild west with one cowboy sheriff who has his hands in everything in the town. Pukey sits atop and doles out biz favors and collects like a mafia king.
“I’ve seen it in China. The rich vs. poor there is astounding compared to the US.”
You can see it in US cities that practice socialism too.