Mises believed that the
proof of the pudding is in the recipe. If it adds salt instead of sugar, it will
not be sweet. But academia is committed officially to empiricism. It thinks
statistical tests should confirm theory. But the tests came for decades. The
socialist economies failed them and then published fake statistics. But still
the West's intellectuals insisted that the socialist ideal was morally sound.
They insisted that the results will eventually prove the theory
right.
Nikita Khrushchev was famous for saying this to Nixon in the famous "kitchen debate" of 1959. He had been a bureaucrat who survived under Stalin by overseeing the murder of tens of thousands of people in Ukraine. He told Nixon, "We will bury you." He was wrong.
College students are not informed of either the theory of socialism nor the magnitude of its failures, both economically and demographically. In the pre-1991 era, this was easier than it is today. The intelligentsia now has to admit that capitalism is more productive than socialism. So, the tactic now is to say that it is morally deficient. Worse, it ignores ecology. This was Heilbroner's recommended strategy in his 1990 article. He said that socialists would have to switch from charging capitalism with inefficiency and waste to charging it with environmental destruction. Gary North.
Nikita Khrushchev was famous for saying this to Nixon in the famous "kitchen debate" of 1959. He had been a bureaucrat who survived under Stalin by overseeing the murder of tens of thousands of people in Ukraine. He told Nixon, "We will bury you." He was wrong.
College students are not informed of either the theory of socialism nor the magnitude of its failures, both economically and demographically. In the pre-1991 era, this was easier than it is today. The intelligentsia now has to admit that capitalism is more productive than socialism. So, the tactic now is to say that it is morally deficient. Worse, it ignores ecology. This was Heilbroner's recommended strategy in his 1990 article. He said that socialists would have to switch from charging capitalism with inefficiency and waste to charging it with environmental destruction. Gary North.
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