Capitalism turns luxuries into necessities. Socialism turns necessities into luxuries.
Mark Perry of AEI’s excellent Carpe Diem web site highlighted that quote earlier in the week and it bears repeating.
According to Perry, Andrew Carnegie gets credit for the first part. The second part was added later. By whom we don’t know.
Think about it….
When was the last time you heard of someone risking life and limb to flee capitalism for socialism?