The Triumph of Socialism

By Llewellyn H. Rockwell Jr., Mises Daily

A new BBC poll finds that only 11 percent of people questioned around the world think that free-market capitalism is a good thing.

What can we learn? Far from not having learned anything, people have largely forgotten the experience and have developed a love for the ancient fairy tale that all things can be fixed through collectivism and central planning.

The fashion for socialism and the opposition to capitalism should alarm every lover of freedom the world over. We have our jobs cut out for us, but with numbers this bad, it is not difficult to make a difference. Every blow you can land for free markets helps protect freedom from its enemies.

Read the entire article here.

Special thanks to the Ludwig von Mises Institute