PODCAST: Despite Its Rebranding, Socialism Is Still Horrific

We’re experiencing the rise of a new kind of socialist. The original definition of socialism—state ownership of the means of production—is beginning to fall by the wayside.

What self-proclaimed socialists are asking for now is for the state to control the means of production.

While this might seem like a pedantic distinction, it’s an important one. But the rebranding of socialism by democratic socialists like Bernie Sanders and Alexandria Ocasio-Cortez still fails to take into account the most important aspect of sound economics: human behavior.

Join James Harrigan and Antony Davies as they drill down into the pitfalls of socialism and more on this week’s episode of Words and Numbers.

RELATED ARTICLE: 4.5K Christian leaders reject churches’ ‘social justice’ agenda

5 replies
  1. Ron Harvey
    Ron Harvey says:

    If the State owns the resources and the means of production, then they own the people. The People are then slaves to the State.

    Reply
  2. Roy
    Roy says:

    State ownership of the means of production is socialism. State CONTROL of the means of production is FASCISM. That’s the main difference between the two. People have been propagandized by the left over the last few decades into believing that fascism is a philosophy of the right which is dead wrong. socialism and fascism are both leftist philosophies. The main difference between the two being who owns the means of production. So, what you are really saying is that what self proclaimed socialists are really doing is proclaiming themselves to be fascists without using the correct terminology.

    Reply

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