Liberty + Leadership Podcast Episode 42 - Jason Clemens and Ted Tucker on the Realities of Socialism
In this week's Liberty + Leadership Podcast, Roger is joined by Jason Clemens, executive vice president of The Fraser Institute,ย ...
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Search every verified Jason Clemens interview, podcast appearance, and on-the-record quote โ each transcript cross-checked by AI and human review to confirm speaker identity. Jason Clemens, executive vice president of the Fraser Institute, discussed the organization's "Realities of Socialism" project on the Liberty + Leadership Podcast. He stated that survey data from the U.S., U.K., Canada, and Australia indicates a growing share of young people who are "open to the idea of socialism" or view it as "a better system than capitalism." Clemens argued that young people may be confusing current mixed economies with pure capitalism, noting that in Canada, for example, government spending accounts for 45% of GDP. He also said that survey respondents in all four countries did not want to pay higher taxes, which he described as a key feature of the Scandinavian model often cited by proponents of larger government. Clemens referenced the Fraser Institute's Economic Freedom of the World index, asserting that data shows greater economic freedom correlates with improvements in life expectancy, women's rights, and gender equality. He cited Poland and Estonia as examples of countries that transitioned from socialist systems to market democracies, noting that Polish citizens waited 15 to 30 years for housing under socialism. Clemens also criticized the idea that socialism eliminated inequality, stating that Communist Party elites in practice did not pay taxes and had access to exclusive goods and services.
“We're seeing a larger and larger now, a substantial share of young people who are not only open to the idea of socialism, but actively saying it's a better system than capitalism.”
“Young people are confusing the status quo today with capitalism as if having 45% of GDP spent by government, probably another 10% - 15% regulated by government, as if that is a capitalist system as opposed to a mixed system.”
“The data is very clear that people do not want to pay higher taxes, which is the Scandinavian model. Regardless the country, so all four countries that we surveyed, the data was very clear. They just do not want to pay higher taxes.”
“The top 20% is the only group that pays a higher burden in the total tax relative to their income. So, in Canada, the top 20% earn about 45% of total income, but they pay about 53% of the total tax burden.”
“The experiment with COVID and the monetizing of the borrowing has led us to the position we're in now. So, I think average people not interested in an answer that says the central bank's going to finance more government spending is sort of the modern monetary theory advocates would suggest.”
“As you get more economic freedom, you get more of all these other things that we value. The argument for the socialists of: 'we want a much larger government sector,' where by definition it means bureaucrats and politicians control the resources, you're not getting all these other benefits, whether it's life expectancy...”
“Poland and Estonia are the two countries that we're looking at in terms of countries that were totalitarian, socialist countries that transition to market democracies. Polish people waited 15 to 30 years for housing in the 1980s. That data point should be the end of the discussion.”
“The elites within the Communist Party did not live that kind of life. The idea that socialism in its real world form eliminated inequality is just not true. They didn't pay taxes, they used special grocery stores only for party members, they had access to resorts that were only for party members.”
“The danger when average citizens bear a very low tax burden relative to the services they consume is that people will demand services if they're free, even if they're crummy, because they're not seeing the price of that through any type of tax.”
“The Economic Freedom of the World index is an incredibly powerful tool because on issue after issue, as you get more economic freedom, you get more of the things we value like life expectancy, openness, women's rights, and gender equality.”
In this week's Liberty + Leadership Podcast, Roger is joined by Jason Clemens, executive vice president of The Fraser Institute,ย ...
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