The forgotten contribution: Murray rothbard on socialism in theory and in practice
2004; Springer Science+Business Media; Volume: 7; Issue: 2 Linguagem: Inglês
10.1007/s12113-004-1047-1
ISSN1936-4806
AutoresPeter J. Boettke, Christopher J. Coyne,
Tópico(s)Political Economy and Marxism
ResumoThis paper documents and articulates Murray N. Rothbard’s contribution to our understanding of the theory and practice of socialism. We summarize his theoretical contributions and then turn to his explanation of the operation of socialism in the Soviet Union. Moreover, we make and support the conjecture that Rothbard, writing in the 1950s and 60s, anticipated all the major subsequent developments in the economic analysis regarding the problems of the Soviet economy and all the major works in comparative political economy for real-existing socialism in the Soviet Union. [T]he extent of socialism in the present-day world is at the same time underestimatated in countries such as the United States and overestimated in Soviet Russia. It is underestimated because the expansion of government lending to private enterprise in the United States has been generally neglected, and we have seen that the lender, regardless of his legal status, is also an entrepreneur and part owner. The extent of socialism is overestimated because most writers ignore the fact that Russia, socialist as
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