regulations, the welfare state, inflation, or whatever they thought could get the job done.” These approaches generally lead to the fall of whole economies which is one of the major flaws in socialism. When the income is redistributed throughout everyone, the trend of the economy will be disrupted which usually leads to its downfall. Many countries have tried to use socialism as a viable option but have failed miserably in the process because of this flaw. One example is the Chilean government as they have used socialism nearly forty years ago. As a result, the Chilean economy was ‘grounded to a halt’ leading to the spending of millions of dollars trying to bail the socialist movement. Examples of the past failures of socialism reach all
