Why Socialism Never Works
Venezuela is falling apart. Its economy? Ruined. Its people? Hungry. Its government? Corrupt. What happened? In a word, socialism. Debbie D'Souza, a native Venezuelan and political activist, explains.
Socialism has failed across the world – from the Soviet Union and Eastern Europe to China, Vietnam, North Korea and, most recently, Venezuela. So now the left references countries like Denmark as “proof” that socialism works. Otto Brons-Petersen explains why they’re wrong: Denmark is just as capitalist as the United States.
What do Democratic Socialists like Bernie Sanders and Alexandria Ocasio-Cortez want America to look like? They say they want America to emulate Scandinavian countries like Denmark and Sweden. But do their proposed policies reflect that? Or do they point down a darker path? Debbie D’Souza, a native Venezuelan and political commentator, investigates.
Is Bernie Sanders right? Are people living under socialism better off? Brazil is a good case study. Felipe Moura Brasil, a journalist and Veja magazine columnist, explains how his country has fared under socialism.
Decades after capitalism seemed to have triumphed over socialism, politicians are once again arguing about the merits and drawbacks of these opposing economic systems. Why are we still having this debate? Andy Puzder, former CEO of the parent company of Hardee's and Carl's Jr., explains the misconceptions that keep the debate alive.
What is democratic socialism? What makes it different than regular socialism? Has it been tried? Could it work in the United States? Comedian and political commentator Steven Crowder, host of Louder With Crowder, explains.
Many of America's legal and illegal immigrants fled nations that were ruined by corrupt politicians and failed government policies. But once here, they support the same things. Why? Gloria Alvarez, Project Director at the National Civic Movement of Guatemala, explains.
Is capitalism moral or greedy? If it's based on greed and selfishness, what's the best alternative economic system? Perhaps socialism? And if capitalism is moral, what makes it so? Walter Williams, a renowned economist at George Mason University, answers these questions and more.
Which is better: socialism or capitalism? Does one make people kinder and more caring, while the other makes people greedy and more selfish? In this video, Dennis Prager explains the moral differences between socialism and capitalism, and why anyone who wants a kind and generous society must support one and oppose the other.
The rich are getting richer, and the poor are... also getting richer. What's driving this wealth creation process? In this video, Daniel Hannan explains why it is capitalism — and capitalism alone — that has led to the unprecedented enrichment that is the central fact of Western life.
Does free enterprise hurt the poor? Is it unfair and driven by greed? Did it cause the Great Recession? In five minutes, Arthur Brooks answers these questions and more about capitalism.