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Criticisms of socialism

Index Criticisms of socialism

Criticism of socialism refers to any critique of socialist models of economic organization and their feasibility as well as the political and social implications of adopting such a system. [1]

87 relations: Alan O. Ebenstein, Anarcho-capitalism, Anti-capitalism, Anti-communism, Austrian School, Capital good, Capitalism, Chaos theory, Clement Attlee, Coercion, Commonwealth, Communism, Cooperative, Copyright, Criticism of capitalism, Criticism of communist party rule, Criticisms of Marxism, Economic Calculation in the Socialist Commonwealth, Economic calculation problem, Economic efficiency, Economic equilibrium, Economic history, Economic liberalism, Economic planning, Economic surplus, Fascism, Free market, Friedrich Hayek, Hans Sennholz, Hans-Hermann Hoppe, Individual, János Kornai, John Dalberg-Acton, 1st Baron Acton, John Kenneth Galbraith, John Stuart Mill, Joseph Salerno, Laissez-faire, Leon Trotsky, Ludwig von Mises, Marginal utility, Market economy, Market socialism, McCarthyism, Means of production, Milton Friedman, Mises Institute, Mixed economy, Nationalization, Nazism, Neoclassical economics, ..., Objectivism (Ayn Rand), Patent, Peter Self, Pierre-Joseph Proudhon, Price mechanism, Price system, Privately held company, Property, Rational choice theory, Reason (magazine), Right-libertarianism, Robin Hahnel, Shortage, Slavenka Drakulić, Social democracy, Socialism, Socialism (book), Socialist calculation debate, Socialist economics, Socialist Party, Socialist state, Soviet-type economic planning, Stanford University, State ownership, Supply and demand, The Black Book of Communism, The Fatal Conceit, The General Idea of the Revolution in the Nineteenth Century, The Road to Serfdom, Thomas DiLorenzo, Totalitarianism, Tragedy of the commons, Types of socialism, United Kingdom general election, 1945, Washing machine, Welfare capitalism, Winston Churchill. Expand index (37 more) »

Alan O. Ebenstein

Alan Oliver (Lanny) Ebenstein (born May 28, 1959) is an American political scientist, educator and author, known from his biographical works on Friedrich Hayek and Milton Friedman.

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Anarcho-capitalism

Anarcho-capitalism is a political philosophy and school of anarchist thought that advocates the elimination of centralized state dictum in favor of self-ownership, private property and free markets.

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Anti-capitalism

Anti-capitalism encompasses a wide variety of movements, ideas and attitudes that oppose capitalism.

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Anti-communism

Anti-communism is opposition to communism.

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Austrian School

The Austrian School is a school of economic thought that is based on methodological individualism—the concept that social phenomena result from the motivations and actions of individuals.

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Capital good

A capital good is a durable good (one that does not quickly wear out) that is used in the production of goods or services.

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Capitalism

Capitalism is an economic system based upon private ownership of the means of production and their operation for profit.

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Chaos theory

Chaos theory is a branch of mathematics focusing on the behavior of dynamical systems that are highly sensitive to initial conditions.

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Clement Attlee

Clement Richard Attlee, 1st Earl Attlee, (3 January 1883 – 8 October 1967) was a British statesman of the Labour Party who served as Prime Minister of the United Kingdom from 1945 to 1951 and Leader of the Labour Party from 1935 to 1955.

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Coercion

Coercion is the practice of forcing another party to act in an involuntary manner by use of threats or force.

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Commonwealth

A commonwealth is a traditional English term for a political community founded for the common good.

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Communism

In political and social sciences, communism (from Latin communis, "common, universal") is the philosophical, social, political, and economic ideology and movement whose ultimate goal is the establishment of the communist society, which is a socioeconomic order structured upon the common ownership of the means of production and the absence of social classes, money and the state.

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Cooperative

A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise".

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Copyright

Copyright is a legal right, existing globally in many countries, that basically grants the creator of an original work exclusive rights to determine and decide whether, and under what conditions, this original work may be used by others.

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Criticism of capitalism

Criticism of capitalism ranges from expressing disagreement with the principles of capitalism in its entirety to expressing disagreement with particular outcomes of capitalism.

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Criticism of communist party rule

The actions by governments of communist states have been subject to criticism.

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Criticisms of Marxism

Criticisms of Marxism have come from various political ideologies and academic disciplines.

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Economic Calculation in the Socialist Commonwealth

"Economic Calculation In The Socialist Commonwealth" is an article by Austrian School economist Ludwig von Mises.

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Economic calculation problem

The economic calculation problem is a criticism of using economic planning as a substitute for market-based allocation of the factors of production.

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Economic efficiency

Economic efficiency is, roughly speaking, a situation in which nothing can be improved without something else being hurt.

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Economic equilibrium

In economics, economic equilibrium is a state where economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change.

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Economic history

Economic history is the study of economies or economic phenomena of the past.

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Economic liberalism

Economic liberalism is an economic system organized on individual lines, which means the greatest possible number of economic decisions are made by individuals or households rather than by collective institutions or organizations.

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Economic planning

Economic planning is a mechanism for the allocation of resources between and within organizations which is held in contrast to the market mechanism.

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Economic surplus

In mainstream economics, economic surplus, also known as total welfare or Marshallian surplus (after Alfred Marshall), refers to two related quantities.

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Fascism

Fascism is a form of radical authoritarian ultranationalism, characterized by dictatorial power, forcible suppression of opposition and control of industry and commerce, which came to prominence in early 20th-century Europe.

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Free market

In economics, a free market is an idealized system in which the prices for goods and services are determined by the open market and consumers, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority.

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Friedrich Hayek

Friedrich August von Hayek (8 May 189923 March 1992), often referred to by his initials F. A. Hayek, was an Austrian-British economist and philosopher best known for his defense of classical liberalism.

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Hans Sennholz

Hans F. Sennholz (3 February 1922 – 23 June 2007) was a German-born American Austrian School economist and prolific author who studied under Ludwig von Mises.

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Hans-Hermann Hoppe

Hans-Hermann Hoppe (born September 2, 1949) is a German-born American Austrian School economist, and paleolibertarian anarcho-capitalist philosopher.

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Individual

An individual is that which exists as a distinct entity.

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János Kornai

János Kornai, until 1945 János Kornhauser (born January 21, 1928), is an economist noted for his analysis and criticism of the command economies of Eastern European communist states.

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John Dalberg-Acton, 1st Baron Acton

John Emerich Edward Dalberg-Acton, 1st Baron Acton, (10 January 1834 – 19 June 1902), was an English Catholic historian, politician, and writer.

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John Kenneth Galbraith

John Kenneth Galbraith (October 15, 1908 - April 29, 2006), also known as Ken Galbraith, was a Canadian-born economist, public official, and diplomat, and a leading proponent of 20th-century American liberalism.

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John Stuart Mill

John Stuart Mill, also known as J.S. Mill, (20 May 1806 – 8 May 1873) was a British philosopher, political economist, and civil servant.

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Joseph Salerno

Joseph T. Salerno (born 1950) is an American Austrian School economist who is Professor of Economics, Chair of the economics graduate program in the Lubin School of Business at Pace University, and Academic Vice President of the Ludwig von Mises Institute.

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Laissez-faire

Laissez-faire (from) is an economic system in which transactions between private parties are free from government intervention such as regulation, privileges, tariffs and subsidies.

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Leon Trotsky

Leon Trotsky (born Lev Davidovich Bronstein; – 21 August 1940) was a Russian revolutionary, theorist, and Soviet politician.

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Ludwig von Mises

Ludwig Heinrich Edler von Mises (29 September 1881 – 10 October 1973) was an Austrian-American theoretical Austrian School economist.

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Marginal utility

In economics, utility is the satisfaction or benefit derived by consuming a product; thus the marginal utility of a good or service is the change in the utility from an increase in the consumption of that good or service.

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Market economy

A market economy is an economic system in which the decisions regarding investment, production, and distribution are guided by the price signals created by the forces of supply and demand.

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Market socialism

Market socialism is a type of economic system involving the public, cooperative or social ownership of the means of production in the framework of a market economy.

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McCarthyism

McCarthyism is the practice of making accusations of subversion or treason without proper regard for evidence.

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Means of production

In economics and sociology, the means of production (also called capital goods) are physical non-human and non-financial inputs used in the production of economic value.

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Milton Friedman

Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy.

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Mises Institute

The Mises Institute, short name for Ludwig von Mises Institute for Austrian Economics, is a tax-exempt educative organization located in Auburn, Alabama, United States.

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Mixed economy

A mixed economy is variously defined as an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise.

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Nationalization

Nationalization (or nationalisation) is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state.

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Nazism

National Socialism (Nationalsozialismus), more commonly known as Nazism, is the ideology and practices associated with the Nazi Party – officially the National Socialist German Workers' Party (Nationalsozialistische Deutsche Arbeiterpartei or NSDAP) – in Nazi Germany, and of other far-right groups with similar aims.

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Neoclassical economics

Neoclassical economics is an approach to economics focusing on the determination of goods, outputs, and income distributions in markets through supply and demand.

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Objectivism (Ayn Rand)

Objectivism is a philosophical system developed by Russian-American writer Ayn Rand (1905–1982).

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Patent

A patent is a set of exclusive rights granted by a sovereign state or intergovernmental organization to an inventor or assignee for a limited period of time in exchange for detailed public disclosure of an invention.

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Peter Self

Peter John Otter Self (1919 – 29 March 1999) was an English journalist, academic, planning policy-maker and university teacher of planning.

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Pierre-Joseph Proudhon

Pierre-Joseph Proudhon (15 January 1809 – 19 January 1865) was a French politician and the founder of mutualist philosophy.

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Price mechanism

In economics, a price mechanism is the manner in which the prices of goods or services affect the supply and demand of goods and services, principally by the price elasticity of demand.

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Price system

In economics, a price system is a component of any economic system that uses prices expressed in any form of money for the valuation and distribution of goods and services and the factors of production.

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Privately held company

A privately held company, private company, or close corporation is a business company owned either by non-governmental organizations or by a relatively small number of shareholders or company members which does not offer or trade its company stock (shares) to the general public on the stock market exchanges, but rather the company's stock is offered, owned and traded or exchanged privately.

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Property

Property, in the abstract, is what belongs to or with something, whether as an attribute or as a component of said thing.

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Rational choice theory

Rational choice theory, also known as choice theory or rational action theory, is a framework for understanding and often formally modeling social and economic behavior.

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Reason (magazine)

Reason is an American libertarian monthly magazine published by the Reason Foundation.

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Right-libertarianism

Right-libertarianism (or right-wing libertarianism) refers to libertarian political philosophies that advocate negative rights, natural law and a major reversal of the modern welfare state.

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Robin Hahnel

Robin Eric Hahnel (born March 25, 1946) is an American economist and professor of economics at Portland State University.

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Shortage

In economics, a shortage or excess demand is a situation in which the demand for a product or service exceeds its supply in a market.

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Slavenka Drakulić

Slavenka Drakulić (born July 4, 1949) is a Croatian journalist, novelist, and essayist whose works on feminism, communism, and post-communism have been translated into many languages.

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Social democracy

Social democracy is a political, social and economic ideology that supports economic and social interventions to promote social justice within the framework of a liberal democratic polity and capitalist economy.

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Socialism

Socialism is a range of economic and social systems characterised by social ownership and democratic control of the means of production as well as the political theories and movements associated with them.

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Socialism (book)

Socialism: An Economic and Sociological Analysis is a book by Austrian School economist and libertarian thinker Ludwig von Mises, first published in German by Gustav Fischer Verlag in Jena in 1922 under the title Die Gemeinwirtschaft: Untersuchungen über den Sozialismus.

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Socialist calculation debate

The socialist calculation debate (sometimes known as the economic calculation debate) was a discourse on the subject of how a socialist economy would perform economic calculation given the absence of the law of value, money, financial prices for capital goods, and private ownership of the means of production.

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Socialist economics

Socialist economics refers to the economic theories, practices, and norms of hypothetical and existing socialist economic systems.

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Socialist Party

Socialist Party is the name of many different political parties around the world.

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Socialist state

A socialist state, socialist republic or socialist country (sometimes workers' state or workers' republic) is a sovereign state constitutionally dedicated to the establishment of socialism.

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Soviet-type economic planning

Soviet-type economic planning (STP) is the specific model of centralized economic planning employed by Marxist-Leninist socialist states modeled on the economy of the Soviet Union.

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Stanford University

Stanford University (officially Leland Stanford Junior University, colloquially the Farm) is a private research university in Stanford, California.

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State ownership

State ownership (also called public ownership and government ownership) is the ownership of an industry, asset, or enterprise by the state or a public body representing a community as opposed to an individual or private party.

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Supply and demand

In microeconomics, supply and demand is an economic model of price determination in a market.

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The Black Book of Communism

The Black Book of Communism: Crimes, Terror, Repression is a 1997 book by Stéphane Courtois, Nicolas Werth, Andrzej Paczkowski and several other European academics documenting a history of political repressions by Communist states, including genocides, extrajudicial executions, deportations, killing population in labor camps and artificially created famines.

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The Fatal Conceit

The Fatal Conceit: The Errors of Socialism (1988) is a non-fiction book written by the economist and political philosopher Friedrich Hayek and edited by William Warren Bartley.

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The General Idea of the Revolution in the Nineteenth Century

The General Idea of the Revolution in the Nineteenth Century (Idée générale de la révolution au XIXe siècle) is an influential manifesto written in 1851 by the anarchist philosopher Pierre-Joseph Proudhon.

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The Road to Serfdom

The Road to Serfdom (German: Der Weg zur Knechtschaft) is a book written between 1940 and 1943 by Austrian British economist and philosopher Friedrich Hayek, in which the author " of the danger of tyranny that inevitably results from government control of economic decision-making through central planning." He further argues that the abandonment of individualism and classical liberalism inevitably leads to a loss of freedom, the creation of an oppressive society, the tyranny of a dictator, and the serfdom of the individual.

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Thomas DiLorenzo

Thomas James DiLorenzo (born August 8, 1954) is an American economics professor at Loyola University Maryland Sellinger School of Business.

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Totalitarianism

Benito Mussolini Totalitarianism is a political concept where the state recognizes no limits to its authority and strives to control every aspect of public and private life wherever feasible.

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Tragedy of the commons

The tragedy of the commons is a term used in social science to describe a situation in a shared-resource system where individual users acting independently according to their own self-interest behave contrary to the common good of all users by depleting or spoiling that resource through their collective action.

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Types of socialism

Socialism is a range of economic and social systems characterised by social ownership and democratic control of the means of production as well as the political theories and movements associated with them.

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United Kingdom general election, 1945

The 1945 United Kingdom general election was held on 5 July 1945, with polls in some constituencies delayed until 12 July and in Nelson and Colne until 19 July, because of local wakes weeks.

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Washing machine

A washing machine (laundry machine, clothes washer, or washer) is a device used to wash laundry.

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Welfare capitalism

Welfare capitalism is capitalism that includes social welfare policies.

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Winston Churchill

Sir Winston Leonard Spencer-Churchill (30 November 187424 January 1965) was a British politician, army officer, and writer, who was Prime Minister of the United Kingdom from 1940 to 1945 and again from 1951 to 1955.

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Redirects here:

Anti-Socialism, Anti-socialism, Antisocialism, Criticism of socialism, Criticisms of Socialism.

References

[1] https://en.wikipedia.org/wiki/Criticisms_of_socialism

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