“Was America once socialist? Surprisingly, yes,” says Praeger University.
On Thanksgiving day, a headline on the ubiquitous Drudge Report provides a sobering reminder. In Venezuela, 80 percent of the population is hungry, ten years into their socialist experiment.
Centuries before Karl Marx wrote his book on socialist theory, “The early settlers who arrived at Plymouth and Jamestown in the early 1600s experimented with socialist communes. Did it work?”
With over a million views, and some 17,000 thumbs up to 1,800 thumbs down, it’s an interesting, about 5 and 1/2 minutes, video view being shared below. We can be thankful indeed for being here in the USA.
Free to Choose
University of Dayton history professor Larry Schweikart shares the fascinating story. It may be worth sharing with your circle that aren’t up on how time and again, free enterprise has worked, while socialism have failed.
Put differently, Thanksgiving celebrates the productivity of the free enterprise system.
With markets closed, there will be no market report today. From us to you, Happy Thanksgiving.
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