Okay, now for some reasons why socialism and communism are bad:
1. Individual freedom i.e. the "Milton Friedman argument". Essentially, markets allow people to divorce their background from their status. For example, your bread may have come from a farm owned by a person who isn't the same religion, race, or ethnicity as you, but you probably won't care about that so long as the bread is cheap. It's when the state gets involved that racism, bigotry, and other virulent social ills become entrenched. Segregation in the South, for example, was incredibly expensive to maintain and was remarkably inefficient; only massive state intervention kept it afloat for so long. In short, markets ignore racial, religious, and ethnic background (social class is sometimes correlated with the aforementioned factors, but usually only after periods of state intervention that entrenched discrimination).
2. Markets allow for best allocation of resources. No commissar, public official, or lone man could ever even begin to do even a somewhat decent job managing economic operations. Think about the process that goes into just making a pencil! The point here is that central planning fails to adequately respond to complexity.
3. Market incentives are good. People may deny it all they want, but all we really care about, in the end, is our own interest. This isn't necessarily selfish, but it isn't selfless either. Investing money in an education for one's children, donating money to charity because you gain a feeling of self-worth from it, and a long list of other good deeds are not purely selfless in their motivation. I genuinely feel good about myself when I do things that help the needy; am I not fulfilling my human need for self actualization by doing this?
4. Government is bad at managing things. Even worse than the worst managers in large corporations, and that's generous. Public officials only care about getting re-elected, and often will capsize the boat once they're lame ducks (for personal as well as potential political reasons, such as leaving the new guy with a bad situation which could lower peoples' opinions of him). Further, the ignorant masses rarely form developed opinions so policy decisions will pay lip service to constituencies while doing massive damage to the overall country (pork is bad, especially when politicians have access to a lot of it).
I'll post more later depending on responses.
1. Individual freedom i.e. the "Milton Friedman argument". Essentially, markets allow people to divorce their background from their status. For example, your bread may have come from a farm owned by a person who isn't the same religion, race, or ethnicity as you, but you probably won't care about that so long as the bread is cheap. It's when the state gets involved that racism, bigotry, and other virulent social ills become entrenched. Segregation in the South, for example, was incredibly expensive to maintain and was remarkably inefficient; only massive state intervention kept it afloat for so long. In short, markets ignore racial, religious, and ethnic background (social class is sometimes correlated with the aforementioned factors, but usually only after periods of state intervention that entrenched discrimination).
2. Markets allow for best allocation of resources. No commissar, public official, or lone man could ever even begin to do even a somewhat decent job managing economic operations. Think about the process that goes into just making a pencil! The point here is that central planning fails to adequately respond to complexity.
3. Market incentives are good. People may deny it all they want, but all we really care about, in the end, is our own interest. This isn't necessarily selfish, but it isn't selfless either. Investing money in an education for one's children, donating money to charity because you gain a feeling of self-worth from it, and a long list of other good deeds are not purely selfless in their motivation. I genuinely feel good about myself when I do things that help the needy; am I not fulfilling my human need for self actualization by doing this?
4. Government is bad at managing things. Even worse than the worst managers in large corporations, and that's generous. Public officials only care about getting re-elected, and often will capsize the boat once they're lame ducks (for personal as well as potential political reasons, such as leaving the new guy with a bad situation which could lower peoples' opinions of him). Further, the ignorant masses rarely form developed opinions so policy decisions will pay lip service to constituencies while doing massive damage to the overall country (pork is bad, especially when politicians have access to a lot of it).
I'll post more later depending on responses.