"One of the difficulties of defending liberty has always been that those who wish to restrict others’ liberty hide what is involved behind linguistic smokescreens. And when people see through those, the malleability of language has allowed new iterations of statism to masquerade as means to the good society."
In a Free Market, Risk is the transaction cost to the individual's Right to Choose. Socialism claims to remove that Risk by removing the Right to Choose. "I'll take Risk for 1000, Alex!"
Free markets certainly aren’t without their faults, but for the most part those faults are out in the open for all to see. What makes socialism so evil is it promises heaven while delivering hell.
"We must think things not words, or at least we must constantly translate our words into the facts for which they stand, if we are to keep to the real and the true." - Oliver Wendell Holmes, Jr. It is important to cut through the fancy terminology to discover what one is really saying. That is why I like the intellectual part of the Liberty movement.