Thursday, October 4, 2012

Mises on the Impossible Possition of Socialism

Socialism has only ONE way out of this position. Regardless of the fact that it holds power, it must still keep trying to appear as an oppressed and persecuted sect, impeded by hostile powers from pushing through the essential parts of its program, and so shifting onto others the responsibility for the non-appearance of the prophesied state of happiness. Since it can explain the failure of socialism only by the machinations of foreign capitalism, it necessarily arrives at a new concept of the offensive socialist international. Socialism can be realized only if the whole world becomes socialist; an isolated socialism of one single nation is said to be impossible.

--Ludwig von Mises. Nation, State, and Economy


From the Ludwig von Mises Facebook page.

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