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Post Will a PSOE Government Hurt Spain's Economy?
Created by John Eipper on 05/03/19 4:49 AM

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Will a PSOE Government Hurt Spain's Economy? (Francisco Rodriguez Jimenez, Spain, 05/03/19 4:49 am)

Reading José Ignacio Soler's comments on May 2nd, one might conclude:

If Social Democrats run the economy: Chaos.

If Liberals run the economy: Prosperity and broad welfare state.

Right?

Reality is a bit more complex.

This article might clarify some myths, especially the third one mentioned:  All socialists want to abolish markets and private property.

https://www.washingtonpost.com/outlook/five-myths/five-myths-about-socialism/2019/03/01/692e1d84-3b73-11e9-b786-d6abcbcd212a_story.html?noredirect=on&utm_term=.7116467e460b

JE comments:  Francisco Rodríguez Jiménez's use of "liberal" should be understood in the European sense.  In the heightened rhetoric that prevails in the US today, "liberal" and "socialist" are taken as synonyms.  Moreover, "broad welfare state" is understood on these shores as a socialist dogma. 

Ah, the many facets of American Exceptionalism.  Note that in the Washington Post piece above, José Ignacio Soler's Venezuela has become the Poster Child of what socialism is (if you loathe socialism), or what it doesn't have to be (if you like it).


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