The 20th century was the best of times and the worst of times. On the dark side, as many as 270 million citizens were estimated to have been killed by governments that describe themselves as socialists — on the left and the right. On the bright side of the 20th century was the success of free market capitalism, which helped lift well over one billion people out of poverty.

So why do so many scholars condemn capitalism and lean into socialism ? Even the brilliant free market economist Tom Sowell started out as a Marxist. So, what changed his mind?

"Facts. Before I was a Marxist, I was an empiricist, and I stayed an empiricist. And with the passing years, as I looked into more and more things, I saw the difference between reality and the rhetoric. Unfortunately, so many people today, inc

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