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The Crisis of Socialism

Author

Listed:
  • Huerta de Soto Jesus

    (Universidad Rey Juan Carlos, Madrid)

Abstract

In my book entitled Socialism, Economic Calculation and Entrepreneurship I explain in theoretical terms what socialism is and why it is an intellectual error, a scientific impossibility, why the socialism which still exists, despite the fall of the Berlin Wall, in the form of economic interventionism in Western countries is the main source of the tensions and conflicts we experience nowadays.

Suggested Citation

  • Huerta de Soto Jesus, 2011. "The Crisis of Socialism," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 02, June.
    • Handle: RePEc:oen:econom:y:2011:i:02:id:293
    as

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    More about this item

    Keywords

    socialism; capitalism; interventionism; economic science;
    All these keywords.

    JEL classification:

    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
    • P30 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - General
    • P47 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Performance and Prospects
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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