The eastern part of Germany was actually richer than the western part prior to World War II. The entire country’s economy was then destroyed by the war. What happened afterwards, though, shows the difference between socialism and free enterprise.
FEE’s mission is to inspire, educate, and connect future leaders with the economic, ethical, and legal principles of a free society. These principles include: individual liberty, free-market economics, entrepreneurship, private property, high moral character, and limited government. Visit https://fee.org
This post has been republished with implied permission from a publicly-available RSS feed found on FEE. The views expressed by the original author(s) do not necessarily reflect the opinions or views of The Libertarian Hub, its owners or administrators. Any images included in the original article belong to and are the sole responsibility of the original author/website. The Libertarian Hub makes no claims of ownership of any imported photos/images and shall not be held liable for any unintended copyright infringement. Submit a DCMA takedown request.