Tuesday, August 23, 2016

George Reisman on Socialism

“Socialism is essentially a militaristic-aristocratic type society. It rests on a base of starving serfs, comprising the great majority of the population, who live at or below the level of minimum physical subsistence and whose only function in life is to toil for the values of the rulers. Workers with special skills of value to the rulers may be somewhat better off, if that is what is necessary to make them deliver their skills and if it is practicable to offer them such incentives. But they too are essentially just serfs—they too work under force, and what they receive is subsistence or sub-subsistence, plus a small bonus for their skill. Above the serfs come various grades of officials and favorites, who help the rulers to exploit the serfs or who provide the rulers with weapons of war, the means of gaining greater prestige, or simply amusement. In this category are all the production managers, all the lower and middle party and police officials, the propagandists, the intellectuals, the scientists, the artists, the athletes. These are the tools, the henchmen, the flunkies, and the simple court favorites of the socialist society. Finally, at the very top, come the supreme rulers themselves—the men who have out-maneuvered and outgunned all of their rivals. These are the Neanderthals whose powerlust and gluttony socialism elevates to the ultimate end of human existence.”

(Source: Capitalism by George Reisman; Chapter: Socialism, Economic Chaos, And Totalitarian Dictatorship)

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