With politics the way they are in Washington with single party control of the White House. U.S. Senate, and U.S. House, you are hearing more and more about socialism – both from Republicans attacking the majority party’s policy or some in the majority party embracing that economic system and in fact promoting it!
From our friends at the Heritage Foundation:
“Socialists are fond of saying that socialism has never failed because it has never been tried.
“But in truth, socialism has failed in every country in which it has been tried, from the Soviet Union beginning a century ago to three modern countries that tried but ultimately rejected socialism—Israel, India, and the United Kingdom.
“While there were major political differences between the totalitarian rule of the Soviets and the democratic politics of Israel, India, and the U.K., all three of the latter countries adhered to socialist principles, nationalizing their major industries and placing economic decision-making in the hands of the government.”