Daily Archives: May 1, 2026

Why Socialism Must Fail

[May 1, 2026]  Michael Rothman does it once again by piecing together an excellent summary of Friedrich Hayek’s takedown of Socialism and why it will always fail. Hayek’s argument is what we now consider mainstream criticism of all forms of Socialism/Marxism/Communist ideology. Hayek says that a highly-centralized government cannot fully grasp the complexities of any society, and thus… Read More »