Socialism for Beginners—Why Socialism Fails

Socialism for beginners gives you an insight into the true face of socialism, why socialism is so destructive, why it cannot possibly avoid totalitarianism, explaining the economic faults, as well as why human nature is in conflict with the ideology.Show more

Many people fail to understand socialism, the basis of what defines socialism is economic central planning, political centralisation, collective ownership or control of the means of production and state direction of the economy. Of course, socialists will invariably tell you that socialism is anything other than what the real world shows, therefore, they will attempt to define socialism purely around theory.

As I have explained, there are many things which contradict their fallacious claims, especially when they attempt to liken socialism to decentralisation or even personal ownership of possessions. The aim of this video, rather than going into the definition of socialism, which I've touched upon before, it's more so to give you an understanding for why socialism inevitably leads down the road of hell.

Many people claim socialism doesn't work and understand it's a failure, but I don't believe many comprehend the reasoning. In this video on socialism for beginners I explain the issues with their moneyless economy theory, as well as the fault even if they support having a monetary based economy. Regardless of which position they stand, they are doomed from the get-go.

There is another reason socialism is catastrophic, but like I've pointed out in my video, going into explaining the economic calculation problem is something which would expand way beyond this video, you can check out videos I have done in the past on that topic issue that I've playlisted on my channel.

Like I explained, the inflationary problems, to the price ceilings that follow, socialists lead themselves to their own demise and instead of taking responsibility for their own faults, they simply seek to make up excuses for socialism and project the blame off elsewhere. Like I've pointed out elsewhere, many of these socialists place their ideology above anything and everything, therefore, there is no reasoning with them no matter how many facts they are provided with or how reasonable your arguments are.

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