They say China proves socialism works. But let’s be real: every shred of prosperity there came only after the country embraced markets. Under Mao, everything was state-owned. No private property, no profit, no free trade. The result? Mass famine, poverty for nearly 9 out of 10 people, and a GDP per person of just $156. When China finally opened up in the 1980s, letting farmers keep profits and allowing private businesses to rise, everything changed. By the mid-90s, private firms were driving mos
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China isn't a "socialist market economy." It's a capitalist economy with authoritarian political control. The Chinese Communist Party figured out that socialism creates poverty, so they adopted capitalist mechanisms while maintaining political power. Their prosperity comes from the capitalist parts, not the socialist ones. This kind of rhetorical sleight-of-hand is common among socialists who want to claim credit for capitalism's successes while avoiding responsibility for socialism's failures.
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Hayek never softened his stance on socialism. For him, it wasn’t an ideal corrupted by bad implementation; it was a fundamental misunderstanding of how human knowledge, incentives, and freedom actually work. Central planning, he argued, could never replicate the spontaneous order created by individuals pursuing their own goals. And every attempt to control it leads, inevitably, to coercion. Decades later, his warning remains just as relevant. | Students For Liberty
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Under Mao, socialism left China starving and poor. 88% in extreme poverty and tens of millions dead in famine. What saved the country wasn’t central planning but Deng’s market reforms, opening trade and allowing profit. That’s what drove growth, innovation, and opportunity. If you want to cut through myths like this on your own campus, get the College Survival Kit. Access: https://buff.ly/MoDzbOC | Students For Liberty
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When socialism replaces science with ideology, the result is always tragedy. In Mao’s China, central planning promised equality—but destroyed property rights, crushed productivity, and silenced scientists. His Great Leap Forward led to a famine that killed up to 45 million people. His “Four Pests Campaign” wiped out sparrows, unleashing locusts that devoured crops. When you silence truth for ideology, nature always strikes back. | Students For Liberty
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Why socialism is so popular among young people
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Socialists say we shouldn’t judge them by “capitalist metrics.” Fine. By their own, socialism still fails: Cuba’s hospitals lack basics, Soviet schools taught propaganda, East Germans risked death to escape… If you’re tired of these myths on campus, grab the College Survival Kit and learn how to fight back with facts. Access: https://go.studentsforliberty.org/college-survival-kit-1/ | Students For Liberty
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