Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.
The strongest argument for socialism is that it sounds good. The strongest argument against socialism is that it doesn't work. But those who live by words will always have a soft spot in their hearts for socialism because it sounds so good.
Failure is a big part of a free market's success. People fail to live up to their potential, or to carry out all their good intentions, in all kinds of economic and political systems. Capitalism makes them pay a price for their failures, while socialism, feudalism, fascism and other systems enable personal failures, especially by those at the top, to be ignored.
Socialism is a wonderful idea. It is only as a reality that it has been disastrous. Among people of every race, color, and creed, all around the world, socialism has led to hunger in countries that used to have surplus food to export.... Nevertheless, for many of those who deal primarily in ideas, socialism remains an attractive idea -- in fact, seductive. Its every failure is explained away as due to the inadequacies of particular leaders.
The economic disasters of socialism and communism come from assuming a blanket superiority of those who want to run a whole economy.
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