the_dunk_tank • 9 months ago

Why Socialism is Literally Impossible - YouTube

blakeus12 [they/them, he/him] to

the_dunk_tank • 9 months ago

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Why Socialism is Literally Impossible

youtu.be

I explain Mises' impossibility thesis of socialism, i.e. the economic calculation problem, and why it makes a "socialist economy" strictly impossible.Join th...

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blakeus12 [they/them, he/him]
hexagon
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9 months ago
socialism is when individuals all hold private property in absence of a market and with no centralized planning

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