4.8 • 3.3K Ratings
🗓️ 5 March 2019
⏱️ 37 minutes
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Albert Einstein wrote a famous essay for the socialist publication Monthly Review in 1949 called "Why Socialism?" In this episode I note some of the problems, as well as the surprising admissions, in the essay.
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Show notes for Ep. 1355
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0:00.0 | The Tom Woods Show, episode 1355. |
0:03.5 | Prepare to set fire to the index card of allowable opinion. |
0:08.1 | Your daily dose of Liberty Education starts here, the Tom Woods Show. |
0:14.6 | Folks, my way, carry on is everything I look for in a suitcase. |
0:17.5 | It's lightweight, strong. |
0:19.3 | It's got a really smooth glide through the airport. |
0:22.5 | It's got a built-in combination lock, a compression system for overpackers like me, and a laundry |
0:27.7 | bag to boot. Get $20 off a suitcase when you go to awaytravel.com slash woods and use |
0:32.2 | promo code Woods during checkout. Hi everybody. Tom Woods here. talking about Einstein today, and I got this idea from the |
0:40.1 | supporting listeners group. I'd asked, what are some topics I could cover just on my own? |
0:46.0 | And as I told you yesterday, I got some good episodes coming up with some guests. |
0:50.5 | I think one of them will be Friday, one of them will be Monday. |
0:53.1 | I may have a guest before then, but the ones I promised are coming Friday and Monday. |
0:57.7 | But anyway, somebody recommended the essay that you may have heard of by Albert Einstein himself in monthly review, which was a socialist publication, in its very first issue in May 1949, and it was called Why Socialism. |
1:13.1 | So as you, again, may know, those were Einstein's sympathies. And I thought, well, why not look at it? |
1:20.1 | Somebody recommended that I talk about it. Of course, I'm going to link to the article at tomwoods.com |
1:24.5 | slash 1355 if you'd like to read it. What I'm going to do is comment on it a bit, |
1:29.4 | and then I'm going to play for you an excerpt of my Ron Paul curriculum talk on the socialist |
1:35.0 | calculation problem, because Einstein really does walk into that trap. He actually is advocating |
1:41.1 | a kind of socialism that immediately runs into the brick wall of the socialist |
1:46.9 | calculation problem. He seems completely unaware of it. He does not address it in any way or |
1:52.6 | seem to understand that it requires attention. He just glosses over it. And I'm not going to let |
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