New York Times letters - The Growing Popularity of Socialism. With many people feeling that capitalism is failing them, we are seeing what Michael Tomasky terms a socialism “boomlet.” Is that a good thing?
“What Are Capitalists Thinking?” Why don’t you ask people from the former Soviet Union who have immigrated to the United States? There are tens of thousands of us. The majority are grateful to have had this opportunity and are appalled to see that socialism, which failed so spectacularly in our native land, is gaining popularity among the younger generation.
Yes, the ideas of equality and liberation espoused during the revolutionary days of 1917 were powerful and enticing, but the next seven decades showed the glaring weaknesses of the socialist economy. While we can debate the various policies and their effect on economic growth and opportunity, we must also teach our next generation about the spectacular failures of socialism.
Serge Troyanovsky
New York
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