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1707 FBF: Dr. Thomas DiLorenzo - The Problem with Socialism: Why It's Failed Around the World

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Manage episode 296544941 series 2294384
Content provided by Jason Hartman. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jason Hartman or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Today's Flash Back Friday comes from Episode 707, originally published in August 2016.

Dr. Thomas DiLorenzo is a Professor of Economics at Loyola University Maryland Sellinger School of Business, a Senior Fellow at Mises Institute, a columnist for Lew Rockwell and author of the new book, The Problem with Socialism. He joins Jason to discuss the problems Socialism creates for the poor and shares examples of how Socialism has failed other countries around the globe.

Key Takeaways:

[1:53] One week after Labor Day weekend, in Phoenix, will be our Learn How to Use Software to Be a Better Real Estate Investor event.

Dr. Thomas DiLorenzo Interview:

[4:17] What is the problem with Socialism?

[8:20] Breaking down the scheme of demonizing a class and the belief that taxing the rich will save an economy.

[12:50] The truth about Sweden is when they moved towards Socialism there were no new jobs created for 55 years.

[15:04] Examples of how welfare programs harm the poor by creating a vicious cycle of dependency.

[18:05] How does Socialism cause pollution?

[21:29] Raising the minimum wage was designed to support higher wage union workers.

[26:02] Big corporations have always been behind creating regulations as a way to create monopoly power.

Website:

The Problem with Socialism by Dr. Thomas DiLorenzo www.LewRockwell.com

www.PovertyInc.org

www.JasonHartman.com

  continue reading

2035 episodes

Artwork
iconShare
 
Manage episode 296544941 series 2294384
Content provided by Jason Hartman. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jason Hartman or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Today's Flash Back Friday comes from Episode 707, originally published in August 2016.

Dr. Thomas DiLorenzo is a Professor of Economics at Loyola University Maryland Sellinger School of Business, a Senior Fellow at Mises Institute, a columnist for Lew Rockwell and author of the new book, The Problem with Socialism. He joins Jason to discuss the problems Socialism creates for the poor and shares examples of how Socialism has failed other countries around the globe.

Key Takeaways:

[1:53] One week after Labor Day weekend, in Phoenix, will be our Learn How to Use Software to Be a Better Real Estate Investor event.

Dr. Thomas DiLorenzo Interview:

[4:17] What is the problem with Socialism?

[8:20] Breaking down the scheme of demonizing a class and the belief that taxing the rich will save an economy.

[12:50] The truth about Sweden is when they moved towards Socialism there were no new jobs created for 55 years.

[15:04] Examples of how welfare programs harm the poor by creating a vicious cycle of dependency.

[18:05] How does Socialism cause pollution?

[21:29] Raising the minimum wage was designed to support higher wage union workers.

[26:02] Big corporations have always been behind creating regulations as a way to create monopoly power.

Website:

The Problem with Socialism by Dr. Thomas DiLorenzo www.LewRockwell.com

www.PovertyInc.org

www.JasonHartman.com

  continue reading

2035 episodes

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