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Hemingway: Free Markets Take Care Of Needs. Socialism Is Based On Greed

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“If you look at the free market economy, it’s based on allocating resources according to people’s needs. When you look at centrally-controlled systems like socialism or communism, it’s about allocating those resources based on greed, and it doesn’t work to supply for people’s needs.” Federalist Editor-in-Chief Mollie Hemingway said on Fox News’ Varney & Co.

“[W]e have an education system that has conspired to leave people ignorant of the great harm — and particularly, the harm to poor people — caused by socialist systems.”