The goal of socialists is socialism — not prosperity

Source: Ludwig von Mises Institute
by William L Anderson

“As I observe (and participate in) a few discussions on Facebook and elsewhere about socialism, I have come to a few conclusions about the nature of the arguments and the reasons why socialists remain socialists even as we see the utter failure of socialist economies throughout history. Maybe the meme that appears once in a while — ‘“If socialists understood economics, they wouldn’t be socialists’ — might be true, but I doubt it. As I see it, the purpose of establishing socialism is to further promote socialism, not improve the lot of a society and certainly not to promote prosperity.” (02/14/17)