How the 'New' Socialism Falls Apart

There is certainly a new flavor of socialism emerging amongst the younger generation. The updated addition to the socialist dogma is tinged with what is called the Me-First perspective, the current rallying cry for a new batch of socialists attempting to upset the economic apple cart. This latest flavor is not too far from the traditional utopian idea that socialism could work somehow if all that is tweaked are price controls, the elimination of private ownership, slowing down market forces, and stifling entrepreneurial incentive and motivation. In other words, the new age socialists' prevailing cry for a socialist fix to...