American National Socialism – Video
American National Socialism
Tribute to George Lincoln Rockwell.
By: Slavakris126
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American National Socialism - Video
American National Socialism
Tribute to George Lincoln Rockwell.
By: Slavakris126
Read the rest here:
American National Socialism - Video
A:
Command economies took most of the blame for the economic collapse of the Soviet Union and North Korea. The lesson taken from the second half of the 20th century was that capitalism and free markets were indisputably more productive than socialism and command economies.
Three broad explanations for such failure were given: socialism failed to transform the nature of human incentives and competition; political government processes corrupted and ruined command decisions; and economic calculation was proven to be impossible in a socialist state.
Soviet revolutionary thinker Vladimir Lenin first tried to implement an economic structure that lacked competition and profits in 1917. By 1921, Lenin was forced to adopt the New Economic Plan to incorporate some form of motivation for positive production.
Political economists in the western economies often argued that such motivations were still directed incorrectly. Rather than satisfying customers, the concern of the socialist producer was to satisfy his higher-ranking political officer. This discouraged risk and innovation.
In response to concerns about high executive salaries and profits, economist Milton Friedman countered regulatory thinking by inquiring, "Is it really true that political self-interest is nobler somehow than economic self-interest?"
This argument states that concentrated power in the political realm tends to flow into the wrong hands. Leninists and Trotskyites complain that Stalinist command economies fail based on political corruption, not inherent flaws in the economic system.
In 1920, Austrian economist Ludwig von Mises wrote an article entitled "Economic Calculation in the Socialist Commonwealth." Mises argued that without free markets, no correct price mechanism could form; without a price mechanism, accurate economic calculations were impossible.
Famed socialist economist Oskar Lange later admitted it was Mises's "powerful challenge" that forced socialists to try to build a system of economic accounting. After decades of trying to replicate the price mechanism in free markets, however, the Soviet Union still collapsed.
Mises responded, arguing that such attempts were doomed to failure because no monopolistic government could reasonably be "in perfect competition with itself," which is how prices arise.
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What makes command economies fail?
PRESIDENT Evo Moraless Movement Towards Socialism party (MAS) suffered a shock defeat in Bolivian capital La Paz in Sundays local government elections.
Just months after a sweeping general election win, MAS slipped up in two other provinces Santa Cruz and Tarija but won four others and is well placed to take the remaining two.
The ruling party registered victories in the provinces of Pando and Cochabamba with more than 60 per cent of the votes and in Oruro with 55 per cent of the votes. In Potosi, MAS won with 57.1 per cent.
The provinces of Beni and Chiquisaca appear to be heading for a second round on May 3, with MAS leading after Sundays vote but lacking the 10-point advantage over the second-placed candidate necessary to be declared the outright winner.
If MAS wins in a second round in the traditional opposition stronghold of Beni, it would be the first time in a decade that the province is not ruled by the right.
Vice-President Alvaro Garcia Linera blamed the defeat in La Paz on training weaknesses of local leadership, both at the departmental and municipal levels.
He praised the conduct of the elections as having been peaceful, participatory and democratic.
The MAS leader added that results nationwide reaffirmed the left-wing party as the strongest political force in the country.
Bolivias electoral authority gave preliminary figures indicating that at least 85 per cent of the more than six million registered voters participated in Sundays election.
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Q: Is Socialism Still An Important Labour Value?
Miliband: "Yes is the answer"
By: Sky News
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Q: Is Socialism Still An Important Labour Value? - Video
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