Overnight (January 28-9, 2018) on Quora.com, someone asked, “Why do many Americans prefer socialism or communism?” Whoever asked that, had evidence. So let us examine the evidence, some definitions, and people’s reasons. Defining capitalism, socialism, and communism First, before discussing capitalism, socialism, and communism, one must define those terms. By convention, economists once defined socialism … Continue reading Socialism, communism, and their pernicious appeal