What's Wrong With Socialism?

I recall a conversation I had with a young coworker in the latter weeks of Obama's campaign for president. Joe the plumber had just exposed the redistributionist bent of the candidate, and I expressed my assessment of Mr. Obama as a not-so-closeted socialist. My coworker then quite earnestly asked, "What's so wrong with socialism?" I initially assumed he must be joking, although his face gave no indication. I stared at him dumbfounded, only later realizing I must have looked like a palsied old man -- my mouth working wordlessly, the incomprehension as evident on my face as the sincerity on his. It eventually dawned on me that he really didn't know what was wrong with socialism. I began reciting the litany of horrors: the crimes of the Holocaust, the purges of the Soviets, the thuggery and inhuman brutality of the statist regimes of the last century. The Nazis, for crissake! How could he not know about the evil of the Nazis? He listened to all of this, nodding his...(Read Full Article)