British Economic History: How Socialism Ruined my Country

3 years ago
4

In this video I explain part of British economic history and how socialism ruined my country. Socialism is a political ideology that is an economic parasite of capitalism, socialism destroyed my country through the heavy nationalisation, price and wage controls and through the running of the printing press. As always, it looks good on paper and may sound nice, but the economic consequences that follow with socialism are disastrous. I cover about Margaret Thatcher and the period during the heavy nationalisation and decline of the industry that led into decline.

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