Socialism: The Failed Idea That Never Dies
Socialism: The Failed Idea That Never Dies book cover

Socialism: The Failed Idea That Never Dies

Paperback – April 7, 2019

Price
$25.49
Format
Paperback
Pages
398
Publisher
Institute Of Economic Affairs
Publication Date
ISBN-13
978-0255367707
Dimensions
5 x 1 x 7.75 inches
Weight
14.4 ounces

Description

About the Author Dr Kristian Niemietz is the Head of Health and Welfare at the Institute of Economic Affairs, and a Research Fellow at the Age Endeavour Fellowship (AEF). Kristian studied economics at the Humboldt-Universität zu Berlin and the Universidad de Sala-manca, and political economy at King’s College London, where he obtained his doctorate. He is the author of the IEA monographs Redefining the Poverty Debate and A New Understanding of Poverty, the latter winning the 2011 Templeton Freedom Award in the category ‘Free Enter-prise Solutions to Poverty’.

Features & Highlights

  • Socialism is strangely impervious to refutation by real-world experience.Over the past hundred years, there have been more than two dozen attempts to build a socialist society, from the Soviet Union to Maoist China to Venezuela. All of them have ended in varying degrees of failure.But, according to socialism’s adherents, that is only because none of these experiments were “real socialism”.This book documents the history of this, by now, standard response.It shows how the claim of fake socialism is only ever made after the event. As long as a socialist project is in its prime, almost nobody claims that it is not real socialism.On the contrary, virtually every socialist project in history has gone through a honeymoon period, during which it was enthusiastically praised by prominent Western intellectuals.It was only when their failures became too obvious to deny that they got retroactively reclassified as “not real socialism”.

Customer Reviews

Rating Breakdown

★★★★★
60%
(155)
★★★★
25%
(65)
★★★
15%
(39)
★★
7%
(18)
-7%
(-19)

Most Helpful Reviews

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Why are young people so taken by a failed system?

The book was clear and easy to read on why socialism will fail.
21 people found this helpful
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A succinct summation of why socialism will always fail

This book explains what socialism is, why it's failed every time it's become the ruling ideology of a nation, and gives a summary of its failures in many countries. It's style is clear and succinct, and a bonus is a fictitious account of what would have happened if the former East Germany had become a "real" "democratic socialist" state after Communism collapsed. Alas, the author's recitation of facts will never convince the true believers, who simply label any failed socialist state as not having been truly socialist. For others, though, it should be devastating to the failed socialist idea.
10 people found this helpful
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Socialism as a vehicle for tyrants will never fail.

But as an economic system, socialism can never succeed, of course, because it relies on compulsion at force of arms. Humans yearn to breathe free. It will be interesting to watch the tableau once Warren takes office and 401k's tank by 25 - 50%. Priceless!
6 people found this helpful
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Seven stars on a scale of 1 to 5!

I was all set for a tedious slog through yet another offering from the Publish-or-Perish crowd or more shrill ideological rant. How wonderful to be surprised by a rational, methodical, and eminently readable analysis and response to a question I have often wondered about. Why is socialism so irrepressibly popular in spite of never-ending failures to fulfill on its purported promise? The author walks us through many examples from the last 100 years, culling quotes from socialism's pilgrims and ardent proponents through each cycle of extreme early optimism to defeaning silence, or worse, a recasting of history, but never a recanting on the unfulfilled promise. He isolates the politics from the economics of socialism, and examines the conflict between utopian hopes for a better world and the disappointing behavior of the masses. He explains how the economics of socialism always defeats its politics, and why the end result is inevitably authoritarianism/totalitarianism. This is only the tip of the iceberg of the value this author brings to the conversation.
5 people found this helpful
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excellent and excellently referenced

Completely filled with resounding citations from socialists themselves. After reading this book I'm not sure it's realistic to ever again argue that the most famous examples of socialist and communist countries - the Soviets, Maoist China, Cuba, North Korea, East Germany, etc. weren't socialism. They were, according to the socialists in the West during the heyday of each socialist country. Sorry socialist apologizers - you cannot change history.
4 people found this helpful