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Watch -- Glenn: This is the reason capitalism succeeds where socialism fails

Watch -- Glenn: This is the reason capitalism succeeds where socialism fails

On today’s show, Glenn breaks out the chalkboard to continue this week's in-depth look into socialism.

Socialism is nothing new. The concept has been around since long before it had a name. Take Jamestown for example. In Jamestown, there was no such thing as private property. Everything belonged to the community and everyone worked for the greater good. Sounds like a great idea, right? A Utopian dream on Earth. Unfortunately, things did not turn out so great for the colonists, as Glenn explains in this clip from the show.

“Actually the facts tell a very different story,” said Glenn. “The mortality rate wasn’t good … in fact, it was catastrophic. In the first six months, [of] the first 104 colonist that arrived in 1607, 66 died. In 1609, it was even worse. In the first six months after 500 arrived … 440 died. Why? Why is socialism always connected with death?”

Watch the video clip above to hear Glenn's answer.

To see more from Glenn, visit his channel on TheBlaze and watch full episodes of “Glenn” live weekdays 5–6 p.m. ET or anytime on-demand at TheBlaze TV.

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