Socialism stinks

ARTICLE: In City Ban, a Sign of Wealth and Its Discontents, By JIM YARDLEY, New York Times, January 15, 2007

Great article by Yardley on China: all this connectivity creates new wealth. Now it's time for code (law) to catch up. When everyone's scrambling to get started, laws mostly get in the way. But as soon as some accumulation occurs, law gets pretty useful. It locks in success and without that lock-in (protection of wealth), people won't bother trying, yielding you some pointless, non-advancing zero-sum society in which souls are crushed and lives are cheap--in other words, socialism.

An ideological statement to some, especially those ignorant of the socialist bloc's supremely bad achievements across history.

Comments

[Alex]

Are you concerned at all that the implied definition of "socialism" in this post is pretty much equivalent to a no-government libertarian utopia?

[Thomas Barnett]

In your mind, perhaps, but it fits my definition of socialism in the Socialist Bloc, based on years of study and research and teaching on that subject.