• Evil always wins through the strength of its splendid dupes. - G. K. Chesterton

Collectivism

Why a Socialist Economy is "Impossible"

By Joseph Salerno  
Tue, 15/12/2009 - 5:05pm
Sun, 01/04/1990 - 1:00am

This was first published in April, 1990 as a postcript to Mises Economic Calculation in the Socialist Commonwealth (1920).

Mises's Thesis

In "Economic Calculation in a Socialist Commonwealth," Ludwig von Mises demonstrates, once and forever, that, under socialist central planning, there are no means of economic calculation and that, therefore, socialist economy itself is "impossible" ("umm?glich")--not just inefficient or less innovative or conducted without benefit of decentralized knowledge, but really and truly and literally impossible.

At the same time, he establishes that the necessary and sufficient conditions of the existence and evolution of human society is liberty, property, and sound money: the liberty of each individual to produce and exchange according to independently formed value judgments and price appraisements; unrestricted private ownership of all types and orders of producers' goods as well as of consumers' good; and the existence of a universal medium of exchange whose value is not subject to large or unforeseeable variations.

Socialism: Illegitimate, Not Just Inefficient

By Gary North  
Mon, 14/12/2009 - 1:53pm
Tue, 15/05/2001 - 1:00am

What Was Wrong With the Old World

By Rose Wilder Lane  
Sat, 12/12/2009 - 1:22am
Fri, 01/01/1943 - 12:00am

This article was excerpted from Part I of The Discovery of Freedom.

Contents:

The Pagan Faith

Very few men have ever known that men are free. Among this earth's population now, few know that fact.

For six thousand years at least, a majority has generally believed in pagan gods. A pagan god, whatever it is called, is an Authority which (men believe) controls the energy, the acts, and therefore the fate of all individuals.

The pagan view of the universe is that it is static, motionless, limited, and controlled by an Authority. The pagan view of man is that all individuals are, and by their nature should and must be, controlled by some Authority outside themselves.

Everyone has this belief when he is very young. A chick can scratch as soon as it is dry from the shell, and a fish emerging from the egg can swim, but a baby must be spanked before he can breathe, and then he cannot control the little energy that he has. For a long time, he will kick himself in the eye when he is only trying to taste his toes to find out what they are.

Watching Our Rulers Destroy Our World

By Robert Higgs  
Sat, 12/12/2009 - 12:38am
Wed, 04/02/2009 - 12:00am

Our rulers are destroying the economy. Not little by little, as they usually do, but in huge swaths. Each great assault on the free market, whether it be denominated a bailout, a stimulus, or some other species of purported salvation, brings us visibly closer to the complete ruin of an economic order that required centuries to build. Awestruck, as if we were observing a tsunami sweep across an island, we can only watch the rulers' devastating actions, for which, strange to say, they expect the public to be grateful―and, truth be told, most people are grateful, and clamor for more of the same. We listen to the kingpins' lunatic ravings as they describe their perceptions of the current situation and solemnly declare their determination to "do something" to restore the prosperity that they themselves have demolished by previously "doing something" of the very same kind.

The Political Economy of Fear

By Robert Higgs  
Sat, 12/12/2009 - 12:07am
Mon, 16/05/2005 - 1:00am

[S]ince love and fear can hardly exist together, if we must choose between them, it is far safer to be feared than loved. â€” Niccolò Machiavelli, The Prince, 1513

All animals experience fear—human beings, perhaps, most of all. Any animal incapable of fear would have been hard pressed to survive, regardless of its size, speed, or other attributes. Fear alerts us to dangers that threaten our well-being and sometimes our very lives. Sensing fear, we respond by running away, by hiding, or by preparing to ward off the danger.

To disregard fear is to place ourselves in possibly mortal jeopardy. Even the man who acts heroically on the battlefield, if he is honest, admits that he is scared. To tell people not to be afraid is to give them advice that they cannot take. Our evolved physiological makeup disposes us to fear all sorts of actual and potential threats, even those that exist only in our imagination.

The people who have the effrontery to rule us, who call themselves our government, understand this basic fact of human nature. They exploit it, and they cultivate it. Whether they compose a warfare state or a welfare state, they depend on it to secure popular submission, compliance with official dictates, and, on some occasions, affirmative cooperation with the state's enterprises and adventures. Without popular fear, no government could endure more than twenty-four hours. David Hume taught that all government rests on public opinion, but that opinion, I maintain, is not the bedrock of government. Public opinion itself rests on something deeper: fear. [1]

The Robin Hood Syndrome

By G. Edward Griffin  
Sat, 05/12/2009 - 11:51am
Sat, 05/12/2009 - 11:51am

A good example of this collectivist mindset is the use of government to perform acts of charity. Most people believe that we all have a responsibility to help others in need if we can, but what about those who disagree, those who couldn’t care less about the needs of others? Should they be allowed to be selfish while we are so generous?

Two Ethics That Divide The Western World

By G. Edward Griffin  
Sat, 05/12/2009 - 11:29am
Sun, 22/06/2003 - 1:00am

There are many words commonly used today to describe political attitudes. We are told that there are conservatives, liberals, libertarians, progressives, right-wingers, left-wingers, socialists, communists, Trotskyites, Maoists, Fascists, Nazis; and if that isn’t confusing enough, now we have neo conservatives, neo Nazis, and neo everything else. When we are asked what our political orientation is, we are expected to choose from one of these words. If we don’t have a strong political opinion or if we’re afraid of making a bad choice, then we play it safe and say we are moderates – adding yet one more word to the list.

Our Enemy, The State

By Albert Jay Nock  
Fri, 27/02/2009 - 6:11pm
Fri, 27/02/2009 - 6:11pm

Give Me Liberty

By Rose Wilder Lane  
Thu, 26/02/2009 - 10:40pm
Thu, 26/02/2009 - 10:40pm