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PINDER: Socialism’s return… why the 20th century’s biggest flop is coming back

One of the defining themes of the 20th century was the failure of socialism as a means of organizing an economy or society. The triumph of the United States and the free-market West over the Soviet Union and its planned-economy allies in the Cold War was not primarily military — it was a victory of markets over command-and-control systems.

Yet in the 21st century, socialism continues to gain ground, threatening our prosperity and freedom.

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