Ludwig von Mises devoted a section of his book Socialism to what he called “destructionism.” Destructionism, like socialism itself, builds nothing. It lives off the accumulated wealth created by a society based on private property. And it is immensely popular, even today. Sponsor: Blinkist Show notes for Ep. 1525
Thomas E. Woods, Jr., is the 2019 winner of the Hayek Lifetime Achievement Award from the Austrian Economics Center in Vienna. He is a senior fellow of the Mises Institute and host of The Tom Woods Show, which releases a new episode every weekday. Visit https://tomwoods.com