An interesting case study on socialism and the effects it has had in Brazil. A lot of the problems that the speaker mentions with Brazil have to do with corruption, and defenders of socialism might say that it was the corruption of the people implementing the system that was the problem rather than inherent problems of socialism itself. However, central to the concept of socialism is centralized government control, and this in itself provides opportunities for corruption to occur.
Category: Socialism
How socialism and crony capitalism merged
An insightful article about the parallels between socialism and monopoly capitalism.
Source: Greetings Slaves | PJ Media