Socialism: Utopia and Reality

Why Austrian Economics Matters High School Seminar in Chicago April 2011

Tags: Other Schools of Thought

04/14/2011 Yuri N. Maltsev

A defector from the Soviet Union, Yuri Maltsev knows that socialism is not better than communism.Intellectuals love socialism because they imagine themselves holding power. Communism, a utopia created by Marx, was intended to be classless with no money. Most people in the world today live under socialism.

High School Seminar in Chicago on 8 April 2011. Sponsored by Jeremy Davis.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

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