asked 47.4k views
5 votes
Why socialism does not work

1 Answer

3 votes

Answer:

Socialism does not work because it is not consistent with fundamental principles of human behavior. Market prices, the profit-and-loss system of accounting, and private property rights provide an efficient, interrelated system of incentives to guide and direct economic behavior.

Step-by-step explanation:

answered
User Chikuba
by
7.9k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.