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Is This What the 1930s Were Like?

Well-educated people on my Facebook feed, many of whom attended elite institutions of education with me, are advocating socialism. More specifically, they are suggesting that private businesses should make hiring and compensation decisions based on some generally agreed notion of the common good. 

I can understand when young adults in their twenties with no memory of the Soviet Union feel this way. But for people my age to not accept as bedrock that this method of economic organization has be…

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