Roger Kimball wrote, “Why socialism will fail,” a pretty nifty if overly intellectualized piece that encapsulates the common smug capitalist prediction of doom because “sooner or later you run out of other people’s money.”
Hahaha, right?
Really? Well, Congress ran out of other people’s money in the 1980s. We have a national debt approaching $40 trillion—$40 million million. Maybe we’re the socialists but we just won’t admit it.
