This has nothing to do with homeschooling or education, but parents who homeschool could use this as an example of what happens when Socialism takes root. There are homeschoolers who teach economics, right?
Some hommeschoolers use the gateway site An Old-Fashioned Education as a source for online resources. Their Economics page includes a lot of Frédéric Bastiat as well as Adam Smith, Henry Hazlitt and even P. T. Barnum and Davy Crockett.
Yes, this is a good present-day example of the nightmare of socialism to point out to the younger generation.