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Akkad felt the need to correct this meme using the example of Cuba.
Fidel Castro en massed almost a Billion Dollars from the Cuban Citizens farmers by incentivizing the farmers to sell the farms to the Cuban Government and keep them as Surfs on their own land.
"If socialists understood economics, they wouldn't be socialists."
-Friedrich Von Hayek, Nobel Prize winner in economics
Source:
http://www.famous-quote.net/if-socialists-understood-economics-they-wouldnt-be-socialists.html
Fidel Castro en massed almost a Billion Dollars from the Cuban Citizens farmers by incentivizing the farmers to sell the farms to the Cuban Government and keep them as Surfs on their own land.
"If socialists understood economics, they wouldn't be socialists."
-Friedrich Von Hayek, Nobel Prize winner in economics
Source:
http://www.famous-quote.net/if-socialists-understood-economics-they-wouldnt-be-socialists.html
Socialism
Society
Government
Economy
Poverty
Edited >1 y ago
Posted >1 y ago
Responses: 7
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That is about right, in socialism those who rule live in nicel places and don't want for much, those who rely on the socialist government usually don't get squat.
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