"Socialism's failure in the former Soviet Union and in the other socialist countries stands as a clean and unquestionable warning as to which path any rational and sane people should never follow again. Government planning brought poverty and ruin... Unfortunately, America is not absorbing the lessons that should be learned from the socialist experience and, instead, is following the same path of destruction."
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Political authors from the United StatesPeople from New York CityLibertarians from the United StatesEconomists from the United States
Original Language: English
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Sources
“The Failure of Socialism and Lessons for America, Part 1”, Future of Freedom Foundation (FFF), (March 1, 1993)
https://en.wikiquote.org/wiki/Richard_Ebeling
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Richard Ebeling
Richard M. Ebeling (born 30 January 1950) is an American libertarian author who was the president of the Foundation for Economic Education (FEE) from 2003 to 2008.
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