"Real Socialism" Has Indeed Been Tried — And It's Been a Disaster

Capitalism doesn't have to be implemented in a "pure" form for its benefits to be realized. Meanwhile, socialists must make excuses for repeated failures. Original text: "Real Socialism" Has Indeed Been Tried — And It's Been a Disaster.

Author:

Ryan McMaken (@ryanmcmaken) is a senior editor at the Mises Institute. Send him your article submissions for the Mises Wire and Power and Market, but read article guidelines first. Ryan has a bachelor's degree in economics and a master's degree in public policy and international relations from the University of Colorado. He was a housing economist for the State of Colorado. He is the author of Breaking Away: The Case of Secession, Radical Decentralization, and Smaller Polities and Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.