It is remarkable that, despite its long record of failure, socialism is now more popular than ever among college students and in progressive precincts of the Democratic Party, at least judging by the cult status of figures such as Bernie Sanders and Alexandria Ocasio-Cortez. Now an avowed socialist has been elected mayor of New York, the commercial capital of the United States and home to that great capitalist institution, the stock market. Even more recently, socialists here and around the world have spoken out in unison against the arrest of Nicolás Maduro, the socialist dictator of Venezuela.
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