Mises Wire

Privatization to save socialism?

Privatization to save socialism?

That’s the headline on this article from St. Petersburg Times: “Cuba’s leaders see private farmers as key to saving socialism.” It is an interesting read, further documenting the failure of all forms of socialism. Someone in the White House should read this.

But is the notion itself absurd? The undoing of socialism is the solution being discussed here. The idea that this somehow saves socialism is about as silly as the idea of government stimulus saving capitalism.

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