Socialism is an economic system that abolishes private property in the means of production—the land, capital, and labor used to make everything—and replaces it with some form of collective ownership. Whenever socialism has been implemented at a national level, collective ownership in practice has meant state ownership, and government plans have replaced markets as the primary mechanism to coordinate economic activity.
July 19, 2019 Immigration Hypocrisy, Left and Right
You couldn’t find a better example of hypocrisy among both conservatives and liberals (i.e., progressives, leftists) than in the area on immigration....
Simon Newcomb and the Let-Alone Principle
by Richard M. Ebeling
Wherever we turn, there are some people who are busy telling the rest of us how we should live; with whom we ...
Protect the Right to Criticize the Government
by John W. Whitehead
Unjust. Brutal. Criminal. Corrupt. Inept. Greedy. Power-hungry. Racist. Immoral. Murderous. Evil. Dishonest. Crooked. Excessive. Deceitful....
What Would a Free Society Actually Look Like?
by Laurence M. Vance
It is a common occurrence at sporting events. Someone is singing the U.S. national anthem — “The Star-Spangled Banner” — and when...
The Libertarian Angle: Busing and Public Schooling (video)
by Jacob G. Hornberger and Richard M. Ebeling
Government and schooling--what could go wrong? FFF president Jacob Hornberger and Citadel professor Richard Ebeling discuss the busing programs ...
The Real Korean Question
by Laurence M. Vance
Last year in June, Donald Trump met with the leader of North Korea, Kim Jong Un, in Singapore. Said Trump, We’re ...
