"Nearly half of millennials describe themselves as sympathetic to 'socialism' and not terribly fond of 'capitalism.' Yet if you asked each of them to explain the mechanics of how a socialist economy would function, I doubt many would have especially detailed answers. Jacobin magazine’s ABCs of Socialism consists of answers to skeptical questions about socialism (e.g. 'Don’t the rich deserve their money?' 'Is socialism pacifist?' 'Will socialism be boring?') but notably 'How will socialism actually work?' is not among them. With twelve million Democratic primary voters having cast ballots for a self-described 'socialist,' isn’t it concerning that nobody has explained in detail how socialism will 'work'? Embracing a new economic system without having a blueprint seems like it could only ever lead to something like Venezuela’s collapse. ..."
Current Affairs
No comments:
Post a Comment