10 Reasons Why Socialism Fails

I Don't Have Enough FAITH to Be an ATHEIST

Dr. Frank Turek

Education, Religion & Spirituality, Christianity

4.9 • 5.5K Ratings

🗓️ 15 February 2022

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

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Summary

What is socialism and why doesn’t it work? In this special podcast, Frank shows that socialism doesn’t work because it ignores economics 101 in ten ways. It ignores basic truths about: Private Property (it drives economics) Rule of Law (necessary for a robust economy) Free Enterprise (increases value) Competition (motivates innovation & quality) Self Interest and Service (creates wealth, not greed) Adam Smith’s Invisible Hand (can’t be led top-down) Free Rider Problem (human nature) Ripple Effect (economics is not a static system) Supply & Demand (can’t be dictated) Scarcity (quarterbacks vs. teachers) Frank also addresses the claim that since early Christians lived in a communal way in the book of Acts shouldn’t we? All of these topics are covered in much more depth in the new online course: Jesus vs. the Culture: Who do you Trust? available at CrossExamined.org. Subscribe on Apple Podcast: http://bit.ly/CrossExamined_Podcast Rate and review! Thanks!!! Subscribe on Google Play: https://cutt.ly/0E2eua9 Subscribe on Spotify: http://bit.ly/CrossExaminedOfficial_Podcast Subscribe on Stitcher: http://bit.ly/CE_Podcast_Stitcher

Transcript

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0:00.0	Does truth exist?
0:03.0	Because you have faith, does that make this book cool?
0:06.0	Does God exist?
0:08.0	So when someone says there is no truth,
0:10.0	if you apply the claim to itself, what should you say?
0:13.0	Is that true?
0:15.0	They don't think Christianity is true.
0:18.0	They're talked out of it.
0:20.0	You know why they're talked out of it?
0:22.0	Because they've never been talked into it.
0:24.0	Cross-exemining skeptical and atheistic views.
0:28.0	Welcome to Cross-exemining with Dr. Frank Turek.
0:32.0	Ladies and gentlemen, what is socialism and why doesn't it work?
0:39.0	You're listening to Frank Turek,
0:42.0	filling in for Dan Celia.
0:43.0	Please pray for Dan.
0:44.0	He's recovering from an illness he's not here today.
0:46.0	He won't be here this week.
0:47.0	I'll be filling in today tomorrow and on Friday.
0:50.0	Someone else would be here on Thursday.
0:52.0	But since this is a show about financial issues,
0:55.0	we thought today we'd talk about from 30,000 feet,
	...

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