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The economic logic of socialism?  Some thoughts from my colleague, MacMillan

Mac sent me these thoughts on some of the fundamental contradictions of a purely socialist system.  Interesting food for thought in an era where we've gone from "government is the problem" to "government has all the answers"….

1.     You cannot  legislate the poor into prosperity, by legislating the wealth out of  prosperity.


2.     What one person receives without working for, another person must  work for without receiving.


3,     The government cannot give to anybody anything that the government does not first take from somebody else.


4.     When half of the people get the idea that they do not have to work  because the other half is going to take care of them, and when the other half gets the idea that it does no good to work, because somebody else is going to get what they work for, that my dear friend, is the beginning of  the end of any nation.


5.     You cannot multiply wealth by dividing it. 
 

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