People are not embracing collectivism because they have accepted bad economics. They are accepting bad economics because they have embraced collectivism.
Ayn Rand
austrian-economics, austrian-school-of-economics, capitalism, coercion, collectivism, communism, evil, force, free-market, freedom, government, idiots, individualism, irrationality, keynesian, laissez-faire, libertarian, liberty, mafia, non-aggression-principle, socialism, statism, superstition, taxation, theft, useful-idiots, voluntayism