Capitalism and socialism in tweets

I like both of these.

This:

Capitalism works better than it sounds. Socialism sounds better than it works.

And this:

Capitalism is the only reason socialism has any money to redistribute.

I like them, as in: I like them as pithily expressed things to think about. Not sure the first one in particular is actually true. Socialism, when you actually spell out what socialists want and what they think should be done to dissenters, turns out to be ghastly, long before it actually happens.

And if capitalism sounds worse than it is, maybe you aren’t saying it right.

Yesterday there were four postings here. Mostly small, but still, four. The above stuff is Twitter, but this blog is not Twitter. This blog leaves you time to have a little read and a life.

So, this is your lot for today.

On the other hand, if you have forty minutes to spare on subjects like the above, try listening to this. It’s the IEA’s Kristian Niemietz talking about socialism. He too thinks that capitalism is “counter-intuitive”. His manner is a lot more low-key and considered than you would expect it to be if you only followed him on Twitter.

Originally posted at Brian Micklethwait’s Old Blog

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