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The Crisis of Socialism

Huerta de Soto Jesus
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Huerta de Soto Jesus: Universidad Rey Juan Carlos, Madrid

Revista OEconomica, 2011, issue 02

Abstract:

In my book entitled Socialism, Economic Calculation and Entrepreneurship I explain in theoretical terms what socialism is and why it is an intellectual error, a scientific impossibility, why the socialism which still exists, despite the fall of the Berlin Wall, in the form of economic interventionism in Western countries is the main source of the tensions and conflicts we experience nowadays.

Keywords: socialism; capitalism; interventionism; economic science (search for similar items in EconPapers)
JEL-codes: B53 P30 P47 P51 (search for similar items in EconPapers)
Date: 2011
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