Posted on Jan 14, 2021
Why Socialism Is the Failed Idea That Never Dies | Dr Rainer Zitelmann
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https://fee.org/articles/why-socialism-is-the-failed-idea-that-never-dies/?utm_source=email&utm_medium=email&utm_campaign=FEEDaily
Over the past hundred years, there have been more than two dozen attempts to build a socialist society. It has been tried in the Soviet Union, Yugoslavia, Albania, Poland, Vietnam, Bulgaria, Romania, Czechoslovakia, North Korea, Hungary, China, East Germany, Cuba, Tanzania, Benin, Laos, Algeria, South Yemen, Somalia, the Congo, Ethiopia, Cambodia, Mozambique, Angola, Nicaragua and Venezuela, among others. All of these attempts have ended in varying degrees of failure. How can an idea, which has failed so many times, in so many different variants and so many radically different settings, still be so popular? (p. 21)
This is the central question asked by this extremely important book from economist Kristian Niemietz, who works at the London Institute for Economic Affairs. He manages to provide the answer to his question in one sentence:
It is because socialists have successfully managed to distance themselves from those examples. (p. 55)
Over the past hundred years, there have been more than two dozen attempts to build a socialist society. It has been tried in the Soviet Union, Yugoslavia, Albania, Poland, Vietnam, Bulgaria, Romania, Czechoslovakia, North Korea, Hungary, China, East Germany, Cuba, Tanzania, Benin, Laos, Algeria, South Yemen, Somalia, the Congo, Ethiopia, Cambodia, Mozambique, Angola, Nicaragua and Venezuela, among others. All of these attempts have ended in varying degrees of failure. How can an idea, which has failed so many times, in so many different variants and so many radically different settings, still be so popular? (p. 21)
This is the central question asked by this extremely important book from economist Kristian Niemietz, who works at the London Institute for Economic Affairs. He manages to provide the answer to his question in one sentence:
It is because socialists have successfully managed to distance themselves from those examples. (p. 55)
Socialism
Economics
World History
Edited 4 y ago
Posted 4 y ago
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It would isn’t just the last one hundred years that socialism has failed and it isn’t just the hard communist countries that failed either. Britain, and the “Democratic socialist “ Scandinavian countries often touted by the left as being socialist aren’t, Those countries are capitalist with high taxes. Socialism simply didn’t work for them either. The earliest clear failure of socialism was the early Christian church. We do not know why but the church model described in acts went away. Then the Pilgrims tried it. The producers were killing themselves working and a bunch of people loaded around. It soon became clear that socialism wasn’t going to work and capitalism in America was born.
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