Ep. 1585 Other Arguments Against Socialism Are Fine, But Not Decapitating

The Tom Woods Show

Tom Woods

Politics, Government, News

4.8 • 3.4K Ratings

🗓️ 7 February 2020

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode builds on the discussion in episode 1584 about the primary, and devastating, argument against socialism, namely the one developed by Ludwig von Mises that involves the impossibility of economic calculation under socialism. Today I explain why this is the most fundamental argument against socialism, trumping even the problem of dispersed knowledge emphasized by F.A. Hayek.

Transcript

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0:00.0	The Tom Wood Show, Episode 1585.
0:03.4	Prepare to set fire to the index card of allowable opinion.
0:07.9	Your daily dose of liberty education starts here.
0:11.5	The Tom Wood Show.
0:13.4	Folks, I don't know about you, but I am running into a lot of progressive saying,
0:17.8	look, police, fire, schools, these are all great examples of socialism.
0:22.8	Well, let's focus on that school example.
0:24.9	I've got a free ebook called Education Without the State
0:28.4	that makes a pretty darn good case for a stateless approach to education.
0:33.5	Pick it up at nostateeducation.com.
0:37.3	Hi, everybody, Tom Woods here.
0:39.0	Talking a little bit about socialism today, because I want to build on
0:43.0	what I did in Episode 1583,
0:45.7	because I think I left a little bit of stuff out in emphasizing
0:49.7	just how fundamental Meas is critique of socialism is.
0:52.9	And it's not to say that there aren't other things you could say about socialism, too.
0:57.3	But these other things are entirely secondary to what Meas has had to say.
1:01.4	Before I jump into that, I want to point something out that I've not said,
1:07.2	yet, I guess I just posted it on Twitter.
1:10.0	But most of you listening know that Bob Murphy and I host a podcast called
1:15.1	Contra Krugman, partly because I play a sample episode just yesterday in
1:20.2	Episode 1584.
	...

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