Friday, September 04, 2020

Socialism Part 5

Socialist policy employs two methods to accomplish its purposes: the first aims directly at converting society to Socialism; the second aims only indirectly at this conversion by destroying the social order which is based on private ownership.

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All socialists overlook the fact that even in a socialist community every economic operation must be based on an uncertain future, and that its economic consequence remains uncertain even if it is technically successful.

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If the socialist community does not supply the comrades with the goods which they themselves want to enjoy, but with those which the rulers think they ought to enjoy, the sum of satisfactions is not increased, but diminished. One certainly could not call this violation of the individual will ‘economic democracy.’

For it is an essential difference between capitalist and socialist production that in the first men provide for themselves, while in the second they are provided for. The socialist wants to feed and house humanity and cover its nakedness. But men prefer to eat, dwell, dress and generally to seek happiness after their own fashion.

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The man who clings to Socialism will continue to ascribe all the world’s evil to private property and to expect salvation from Socialism. Socialists ascribe the failures of Russian Bolshevism to every circumstance except the inadequacy of the system. From the socialist point of view, Capitalism alone is responsible for all the misery the world has had to endure in recent years. Socialists see only what they want to see and are blind to anything that might contradict their theory.

Source: Socialism: An Economic and Sociological Analysis (1951) by Ludwig von Mises.

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