Wednesday, March 30, 2011

Socialists Never Catch Up

It's been a long time since anyone credibly argued that socialism or social democracy is better at generating wealth - all they do these days is argue that it is 'fairer' or 'greener' with 'fair' and 'green' always carefully defined to favor the socialists (for example, European cities have dirtier air than American cities, but the measure of 'greeness' chosen is amount of carbon dioxide emitted per person).  Here's a couple of charts from Super Economy that illustrate the truth:


The reality is if you want to be healthier, wealthier, wiser and cleaner, free market economics, not socialism is the answer.  One that our elites - focused only on the acquisition of power - resolutely refuse to see.

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