Socialism Gone Wrong | It’s NOT What You Think It Is

Socialism Gone Wrong | It’s NOT What You Think It Is

A socialist society influences your financial situation. In this video, I’m going to explain a very simple case of socialism gone wrong in an economics classroom.

To many people, socialism is not what you think it is, especially when you’re one of the go-getters or producers. Plain and simple, socialism doesn’t work.

The economics teacher confronts his students, presenting them with socialism in real-life terms, and well…it’s not what they expect. By their second exam, the students learn how socialism really works.

Socialism definition: a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole (source

Here’s a link to one of the articles about this classroom example:

AFFILIATE DISCLOSURE: This video and description may contain affiliate links, which means that if you click on one of the product links, RU receives a small commission. The RU staff won’t put anything here that we haven’t verified and/or personally used ourselves.

Richest You Mastering Money Course

Making money can be fun and fulfilling rather than terrifying.  Learn the truth about money and what you need to do to make more than what you have.

Signup for the Richest You Mastering Money Mini-Course NOW!