Posted on | February 6, 2014 | 142 Comments
Gen. Nguyen Ngoc Loan executes a Vietcong terrorist, February 1968.
Personally, I think the main problem with Communism is that we haven’t shot enough evil lying Commie scum:
Five years after the Bolshevik Revolution, Austrian economist Ludwig von Mises predicted that the Soviet project was doomed to fail. In his classic work Socialism, Mises explained that the attempt to replace the market system with central economic planning could not succeed, because the planners could not possibly have the information necessary to make all the decisions which, in a market economy, are made by individuals whose needs and desires are reflected in prices: “The problem of economic calculation is the fundamental problem of Socialism.”
“Everything brought forward in favour of Socialism during the last hundred years,” Mises wrote in 1922, “in thousands of writings and speeches, all the blood which has been spilt by the supporters of Socialism, cannot make Socialism workable. …. Socialist writers may continue to publish books about the decay of Capitalism and the coming of the socialist millennium; they may paint the evils of Capitalism in lurid colours and contrast with them an enticing picture of the blessings of a socialist society; their writings may continue to impress the thoughtless — but all this cannot alter the fate of the socialist idea.”
Undeterred by Mises’ criticism, the Soviet Union spent the next seven decades proving his prediction correct. By the time the Communist utopia collapsed in bankruptcy and disgrace, it seemed that everyone with two eyes and a brain understood the lesson: The Marxist-Leninist project was a complete failure and, as historians documented in The Black Book of Communism, tens of millions of people had died for this mistake, deliberately starved or slaughtered by totalitarian Communist governments.
The persistence of Marxist-Leninist regimes in Pyongyang and Havana notwithstanding, socialism has been utterly discredited in exactly the way Mises prophesied in 1922. . . .
Probably not as much as you should.