From the campus of Hillsdale College in Hillsdale, Michigan, this is the Radio Free Hillsdale Hour, bringing the activity and education of the college to listeners across the country.

Here's your host, Scott Bertram.

Hello again, everybody, and welcome in to another edition of The Radio Free Hillsdale Hour.

On this episode, we'll talk with Bert Folsom, Professor Emeritus at Hillsdale College, about the first time the U.S. tried socialism.

James Carapano from the Heritage Foundation on Venezuela.

Lorraine Murphy from Hillsdale's English Department returns for her series on the works of Jane Austen.

And Jeffrey Rogers will tell us about his piece from Townhall.com, why we need more liberal arts students in the military.

We're joined now by Bert Folsom, academic historian and Professor Emeritus and also distinguished fellow at Hillsdale College.

Dr. Folsom, thanks for joining us.

Good to be with you, Scott. Glad to be with you today.

And you could also find more at bertfulsom.com as well.

Discussing today a little about, well, socialism and the ideas surrounding socialism.

You know, if you look at various polling that we've seen recently,

there is a not insignificant portion of the population more open to entertaining these ideas surrounding socialism. And of course, Dr. Folsom,

we also hear them being discussed or spouted by some of the candidates for president running

the Democratic side of the aisle. Why do you think it is that perhaps a higher percentage of people,

particularly millennials, are more open to ideas like this?

Well, I think there's a lot of misinformation that goes around, Scott, and education is not

so good. Not every place is Hillsville College. And so you have a lot of professors who are

saying, hey, wouldn't it be nice if wealth was kind of

spread more equally, and people who didn't have much could have a little bit more. And that

sounds good to some people. Socialism, of course, is the government ownership of the means of

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