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An astounding number of current world problems are traceable directly, or indirectly, to the intellectual infection called Marxism. Just last century an incomprehensibly large number of persons were directly murdered, or indirectly caused to die as a result of applying Karl Marx’s ideas.
This fact is damnably avoided by current socialists, who when the topic is raised, pretend there could be no connection between China’s and the USSR’s Marxist beliefs and their own. Yet, they share the same red thread, inexorably woven between the two. For both are atheistic ideological systems, built on the writings of a failed academic, that outlaws free markets, private property, free speech and free exercise of religion as well as all other natural rights.
That America today has committed itself to a type of socialism is shocking and deeply troubling. In the aftermath of the discovery of ObamaCare’s myriad failures, does no one recognize that ignorance and failure are the coins of the realm of Marxism? This is yet another step on the long road of subjugation and slavery. If not repudiated, our descent will cause future generations of Americans to fall under the whip hand of incompetent Marxist slave drivers. One can never tell the story of the evil of Marxism, and its bastard children—socialism, communism, and fascism—enough to help recall their innocent hundreds of millions of victims.
There really is no such thing as a functional “Socialist Economics,” or Marxist economy. In fact, socialists have always struggled to even define the word “economy,” let alone create a system to express their ideals. According to Marx, socialism is the phase after capitalism, and the step right before full-fledged communism is instituted. Marx never really addressed what an economics of socialism would look like, according to a Econlib.org article Socialism:
It is often thought that the idea of socialism derives from the work ofKarl Marx. In fact, Marx wrote only a few pages about socialism, as either a moral or a practical blueprint for society.
To understand this, let’s consider the first Marxist state, the USSR. The first true attempt at a Marxist economic system was created by Vladimir Lenin after the Russian Revolution:
The true architect of a socialist order was Lenin, who first faced the practical difficulties of organizing an economic system without the driving incentives of profit seeking or the self-generating constraints of competition. Lenin began from the long-standing delusion that economic organization would become less complex once the profit drive and the market mechanism had been dispensed with—“as self-evident,” he wrote, as “the extraordinarily simple operations of watching, recording, and issuing receipts, within the reach of anybody who can read and write and knows the first four rules of arithmetic.”
Lenin believed his First 4 Rules were a panacea of economics. Contra, their application presaged a catastrophe:
In fact, economic life pursued under these first four rules rapidly became so disorganized that within four years of the 1917 revolution, Soviet production had fallen to 14 percent of its pre-revolutionary level. By 1921, Lenin was forced to institute the New Economic Policy (NEP), a partial return to the market incentives of capitalism. This brief mixture of socialism and capitalism came to an end in 1927 after Stalin instituted the process of forced collectivization that was to mobilize Russian resources for its leap into industrial power.
continue article at CFP: