Socialism was never given a fighting chance

IN your editorial (October 16) you plead for a new way to bring more justice and equality in the world. You state that various economic models have failed, including socialism, but I would argue socialism hasn’t been allowed to succeed.

Socialism was never given a fighting chance

Where it was attempted in isolation, for example in Allende’s Chile, among others, there were significant improvements in literacy, lowering of poverty levels and an increase in the participation in social governance.

However, these were anathema to the guardians of capitalism and so these progressive governments were all in turn replaced by US-sponsored dictatorships with generals trained at the School of the Americas in Georgia and economists trained by Milton Friedman at the Chicago School of Economics. The results were years of oppression with large-scale privatisation followed by mass unemployment and social breakdown.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

Revoiced

Newsletter

Sign up to the best reads of the week from irishexaminer.com selected just for you.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited