Socialism is Incompatible With Liberty
Written by Derek H. for Simple Facts and Plain Arguments.
Opponents of free markets claim that the economy needs to be “directed” or “managed,” usually toward some kind of vague social goal or “common good.” In other words, we sacrifice some economic liberty for personal liberty.
However, this belief in socialism – and I’m defining that as state control and planning of resources and production – makes two incorrect assumptions: first, that there is a universally agreed-upon ethical code about what measures to take on what issues, and second, that it is possible to effectively direct and manage an economy without destroying the rights of the citizens.
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