Why Socialism Fails

The consequences of ignoring market signals.
Why Socialism Fails
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Commentary

Economics is not a zero-sum game in which one person’s gain comes at another’s expense; nor is it just about numbers or purposeless statistical aggregates, but conscious human action.

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Deborah Palma
Deborah Palma
Author
Deborah Palma is a Brazilian writer who holds a bachelor’s degree in Business Administration from UNINASSAU. She has published articles with Instituto Millenium, Boletim da Liberdade, and IFL Brazil, and writes for the Damas de Ferro Institute. She is affiliated with Instituto Atenas, participates in the Jovens Talentos pela Liberdade program at Instituto Millenium, and serves as a coordinator for Students For Liberty Brazil (SFL Brazil). She has delivered lectures on financial education and is part of the Debate Tournament Society at Universidade do Intercâmbio M60.