Scandinavia is not socialist; in fact, they are often ranked far higher than socialist economies like Venezuela in terms of ...

Socialism always fails. Look at Venezuela, the richest country in Latin America about 40 years ago. Now people there face food shortages, poverty, misery and election outcomes the regime ignores.

Critics and supporters often misunderstand what defines an economic system based on public ownership of the means of ...

A new book makes the case that American history has been a long fight against the free market. Mike Konczal wrote Freedom from the Market to promote socialism in America. Citing polls finding that ...

The Red Menace reviews Maximilien Rubel and John Crump's book, Non-Market Socialism in the Nineteenth and Twentieth Centuries. Communism has got nothing to do with state control of the economy (as ...

We are endowed by our Creator “with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.” Those words from the Declaration of Independence, written in 1776, are ...

China’s Vice Premier, Liu He, made a splash at the World Economic Forum’s recent meeting in Davos when he voiced his support for a more open China and the rule of law. Western enthusiasm, however, ...

Socialists just seized the commanding heights of New York City. On Tuesday night, Zohran Mamdani — a longtime member of the Democratic Socialists of America (DSA) — won the mayoralty of America’s ...

A rose by any other name is still a rose (Shakespeare). A market socialist by any other name is still a socialist (Trump). With actions speaking louder than words, President Trump is a socialist by ...

One defining difference between President Donald Trump and former Vice President Joe Biden is their support of socialism, defined roughly here by the degree to which a central government regulates its ...