Who I Am

The Uncompromising Stance

I stand in firm opposition to all forms of socialism; it is not only an intellectual error but a moral catastrophe. The Austrian School has long since completed its systematic theoretical siege of socialism, and its arguments are decisive:

• Menger, in his seminal 1871 work Principles of Economics (Grundsätze der Volkswirtschaftslehre), directly dismantled the cornerstone of Marxism—the Labor Theory of Value—with his theory of subjective value. Value originates from individual subjective needs, not labor time, rendering the entire theory of exploitation obsolete.
• Böhm-Bawerk, in the first volume of Capital and Interest (Kapital und Kapitalzins) published in 1884, used rigorous logic to utterly refute the argument that interest arises from exploitation, proving its legitimacy as a function of intertemporal exchange and theoretically terminating Marx's critique of capital.
• Mises, in his definitive 1920 essay "Economic Calculation in the Socialist Commonwealth" (Die Wirtschaftsrechnung im sozialistischen Gemeinwesen), introduced the famous "economic calculation problem," demonstrating that in the absence of private ownership of the means of production and market prices, any rational economic planning is impossible—an irreparable structural flaw in socialism.
• Hayek, in his renowned 1945 paper "The Use of Knowledge in Society," further elucidated that no central authority could ever grasp the vast, dispersed knowledge within society, making the very idea of central planning a "fatal conceit."
• Mises, in his 1957 work Theory and History, elevated the debate from economics to the philosophy of history, completely demolishing the foundations of Marxist historical determinism and dialectical materialism.

Socialism inevitably leads to the dystopia Orwell described in 1984. Socialism is totalitarianism, regardless of the "characteristics" it may present.