Socialism is extremely in vogue. Opinion pieces which tell us to stop obsessing over socialism's past failures, and start to get excited about its future potential, have almost become a genre in its own right. But ultimately, the contemporary argument for socialism boils down to: "next time will be different because we say so."
Despite a booming economy and a record-low unemployment rate nationally, at least one state has been working overtime to ensure its work-capable food stamp recipients don't have to work. Current law requires non-elderly, able-bodied adults without dependent children to work or participate in work-related activities, such as education and job training programs, for at least 20 hours per week in exchange for food stamp benefits.
A reasonable and useful reading of Adam Smith's Wealth of Nations is to see it as a railing against the guilds and their control of the medieval economy, followed by an insistence that we must instead have a market economy, one with free entry into lines of work and production.
A move to territorial taxation for citizens would ensure that US citizens abroad have a wider range of choices and consider an eventual move back to America. By nixing an absurd and cumbersome system, policymakers can restore fairness and decency for citizens everywhere.