Socialism

Displaying 11 - 20 of 277

The Socialists' Plan for "Ecological Leninism"

Book ReviewsThe EnvironmentSocialism

Blog12/15/2020

"The race to zero [carbon emissions] would have to be coordinated through control measures—rationing, reallocating, requisitioning, sanctioning, ordering" and much more.

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There Is No Chinese Economic Miracle

Economic PolicySocialism

Blog12/04/2020

In most economies, inventories are valued at market prices, while in China they are valued by the authorities and adjusted later. This is just one of many ways China manipulates GDP data.

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The Dystopian "Fourth Industrial Revolution" Will Be Very Different from the First One

Big GovernmentCapitalismSocialism

Blog11/17/2020

Klaus Schwab of the World Economic Forum has big plans for a "sustainable" future. Most of it involves the destruction of markets and basic human rights.

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Böhm-Bawerk Explains Why Marxist "Exploitation" Is Nonsense

SocialismCapital and Interest TheoryProduction Theory

Blog11/11/2020

Marx’s theory of exploitation forms the foundation of all his work. But Marx couldn't tell the difference between profit and surplus, exposing the incoherence of his theory. 

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Marxism in Africa: Why So Many African Economies Failed after Independence

SocialismWorld History

Blog11/04/2020

The brutal rejection of capitalism in favor of socialism by African politicians at independence was largely due to a deep-seated misconception that equates capitalism to colonialism.

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Why Socialism Won’t End Worker "Exploitation"

Labor and WagesSocialismCapital and Interest Theory

Blog11/03/2020

Economic realities mean the socialist state would need to utilize the same method of discounting wages as capitalists do. The only difference is that under socialism, bureaucrats would do the "exploitation."

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Why the Economy Isn't Controlled by One Big Corporation

SocialismCalculation and KnowledgeMonopoly and Competition

Blog10/27/2020

Why don't corporations just get bigger and bigger until they take over the whole economy? Unlike states, firms aren't necessarily better off as they get bigger.

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The Progressivism of the Future Is Really Just the Socialism of the Past

Big GovernmentProgressivismSocialism

Blog10/17/2020

The new progressive world order is little more than the latest version of the socialist revolutions pushed in the Old World. But this agenda is cloaked in promises of "efficiency" and "sustainability."

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Rand Paul Is Right about the Nazis and Socialism

SocialismWorld History

Blog10/16/2020

Mises in 1944: "The German and the Russian systems of socialism have in common the fact that the government has full control of the means of production."

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Soviet Terror Was the Natural Evolution of Marx's Communism

SocialismWorld History

Blog09/26/2020

Thomas Sowell has explained that while "Marx may have explicitly advocated the idea of a democratic workers’ government, his own personal style was dictatorial, manipulative, and intolerant."

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