“Those who do not learn history are doomed to repeat it,” said Santayana. Many young people today claim to prefer socialism—and in some cases, even communism (which is socialism’s more violent form)—over capitalism.

Recently a candidate for city council in Denver declared that capitalism has failed and that socialism is the future. Candi Cdebaca said that we are in the “last phase” of capitalism—as if it is dying. In contrast, she said, “I believe in community ownership of land, labor, resources and distribution of those resources.”… Continue Reading