Tag: socialism

Corruption, Not Communism, Is The Real Threat To Economic Freedom

On July 3, President Trump spoke at Mount Rushmore, 25 minutes from my house. He warned of a resurgence of the “communist menace” in this country and called communism “a mortal threat to American liberty.” Afterward, a friend asked me, “Should I move to cash before...

Capitalism or Socialism? What Matters Most Is Who Holds Power

Last week’s column covered four different systems often lumped together as “socialism”: State Socialism, State Capitalism, Democratic Socialism, and Social Democracy. While our perceptions of them are shaped by how we think about freedom and fairness, the...

Socialism May Not Mean What You Think It Means

The election of Zohran Mamdani as mayor of New York City has recently put a spotlight on socialism. According to an NBC poll, increasing numbers of Americans view this system positively. But when we talk about socialism, we’re usually not talking about the same...

Is That Socialism? The US Government’s Share Of Intel

“But isn’t that socialism?” This question was one reader’s response to last week’s column about the US government demanding 15% of Nvidia’s and AMD’s Chinese sales as the price of granting an export license. Since then, the Trump administration has forced a deal...

Increased Social Programs Don’t Equal Socialism

With the 2020 elections, we are hearing a lot about socialism. Many fear that, should the Democratic party sweep the White House and Senate, an inevitable march toward the US becoming a socialist country will begin. Socialism is an economic system in which the means...