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RE: The Kakonomics of Socialism, or What is Socialism? Part 2
Love the amount of work you put into this post catsmart. I had never heard of kakonomics before and had to google to see if you created a new word! Thanks for introducing me to something new. :D
Thanks @getonthetrain. Kakonomics is a relatively recent term, 2011, coined by the Italian lady I mention in the article, but the connection between it and socialism is mine. I had long ago noticed the lowering of standards in societies brought about by socialist ideas, but didn't have a name for it until I read and researched about Kakonomics.