Kristian Niemietz Archives - Granite Grok

Kristian Niemietz

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Notable Quote – Main Difference Between Capitalism and Socialism

On the main difference between capitalism and socialism, other than “Who Chooses?”: Socialism’s failure, and capitalism’s relative success, has much more to do with capitalism’s capacity to generate economically relevant knowledge.” -Kristian Niemietz (Socialism: The Failed Idea That Never Dies)

Notable Quote – Kristian Niemietz

Socialists usually react with genuine irritation when a political opponent mentions an earlier, failed socialist project. They cannot see this is anything other than a straw man, and a cheap shot. As a result, they refuse to address the question why those attempts have turned out the way they did. According to contemporary socialists, previous socialist leaders …

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