Thursday, October 22, 2026

I would contend that if and when socialist ideals collide with economic realities, the appropriate response is neither to abandon those ideals nor to assume that good intentions can overcome economic constraints. Rather, we should investigate which institutions can best coordinate production, allocate scarce resources, encourage innovation, and satisfy human needs. https://medium.com/@jimfarmelant/what-happens-when-socialist-ideals-collide-with-the-realities-of-economics-43a393c069c0 Jim Farmelant http://www.linkedin.com/in/jimfarmelant/

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