People criticize capitalism. A recent Axios-Generation poll says, "College students prefer socialism to capitalism." Why? Because they believe absurd myths. Like the claim that the Soviet Union "wasn't real socialism."

Socialism guru Noam Chomsky tells students that. He says the Soviet Union "was about as remote from socialism as you could imagine." Give me a break. The Soviets made private business illegal. If that's not socialism, I'm not sure what is.

"Socialism means abolishing private property and ... replacing it with some form of collective ownership," explains economist Ben Powell. "The Soviet Union had an abundance of that."

Socialism always fails. Look at Venezuela, the richest country in Latin America about 40 years ago. Now people there face food shortages, poverty, misery and election outcomes the regime ignores. But Al Jazeera claims Venezuela's failure has "little to do with socialism, and a lot to do with poor governance ... economic policies have failed to adjust to reality."

"That's the nature of socialism!" exclaims Powell. "Economic policies fail to adjust to reality.........

© Townhall