Socialism has been tried on six continents and in numerous countries, but always with the same failed result. Despite geographic, economic, and other national differences, the experience of socialism follows a consistent trajectory, with its trademark features—poverty, shortages of resources, and repression—always on display. Senator Rand Paul’s new book, The Case Against Socialism, is...
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The possibilities of technology and innovation to improve people’s lives serve as helpful starting points in any conversation about the drawbacks of socialism or the merits of free enterprise.