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Letter to a young Corbynista | The Spectator
But in any case, we do know this: every single truly socialist country has been an economic failure. Its people have become poorer than those in capitalist countries. The aim of socialism has been to improve the lot of the poor but the result has always been that the poor have done worse than they would have done under a capitalist economy. To care about the poor is to care about the preservation of capitalism.
We have the advantage of two natural experiments: Germany and Korea were both divided into a socialist and a capitalist half. As time went by, the differences in the economic conditions of the poor in both countries became stark. On the socialist side of Korea there has been mass starvation. (The same happened, incidentally, in the Soviet Union and China.) On the socialist side of Germany, the average wage was lower than unemployment benefit on the capitalist side. |
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