Stossel: Socialism Fails Every Time

Socialism has become cool in America, under the nice name "democratic socialism."

Gloria Álvarez ‏knows better, because she's from Latin America and studied socialism there. She says: Watch out! Socialism has a clear track record of wrecking every country that implements it.

Cuba tried socialism. Things got so bad that tens of thousands fled the island on dangerous, makeshift rafts. Others paid lots of money to be allowed to leave.

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