Condi Rice: Socialism has 'only worked at gunpoint'
"A socialist system 'has never produced particularly good outcomes,' Rice says"
""I've spent a lot of my life studying a country that was born on the premise 'From each according to his talents, to each according to his needs' – that was the core of socialism," Rice, who served in the administration of former President George W. Bush, said on Monday during a discussion on "Socialism And Free-Market Capitalism.""
""One thing we know is that's only worked at gunpoint because it actually turns out not to be very incentivizing to people to say you can work as hard as you possibly can according to your talents but we, and the question becomes who is the we, are going to determine what your needs are. And that's why that system has never produced particularly good outcomes," she also said."
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