[SpaceBar]

Article dates back to July, but well written.

[DesertRhino]

Central planning is useless if people will not follow the plan. Socialists must have the ability to ensure the plan is enforced. By nature they become intrusive, and often repressive.
In capitalism, everyone follows their own plan, so no central enforcement is needed.

Ergo, capitalism creates freedom, socialism does not. However, socialism empowers leaders, so governments always seek to become more socialist.

[Jack Hydrazine]

Even William Bradford realized this when the crop harvests proved poor. He then changed the Plymouth plantation from a collectivist farming enterprise to parcels of land privately owned and farmed. The following harvest increased significantly which brought about the first Thanksgiving.
http://www.youtube.com/watch?v=lbjpzh087uU
http://www.youtube.com/watch?v=igdCrePWTF4
http://www.youtube.com/watch?v=8yfW5SgvFPY

Then the British industrialist,Robert Owen, came along in 1826 and started the first commune in America in New Harmony, Indiana. It still didn’t work.

Every time it has been tried it has always failed destroying people, economies, ecosystems, and everything else in its wake. Private property and individual free enterprise capitalism has always succeeded OTOH.

[blueunicorn6]

Socialism and communism will always lead to destruction. The Law of Effect will ensure that. When you reward the slackers and punish the hard workers, eventually, you will have so few hard workers that the system collapses.

Marx was full of crap.

“From each according to his abilities..To each according to his needs.”

Becomes

From each according to how little he can do....To each according to who he knows.

[roadcat]

What about water quality and disease control and infrastructure maintenance and food inspection and a thousand other essential services that could and will be affected if America continues on this path to fiscal insanity?

I was discussing this with my wife earlier. If the government goes broke, a million things will go wrong. The world counts on the U.S.A. for the work we do on disease control, pest control and crop quality. If the money is not spent there, we face huge crop failures to disease and pests. Then the world-wide famine begins. And it won't just be the third world, it will be us starving. The next decade will certainly be an interesting time to live (or die) in.