Magazine May 20, 2019, Issue

Free the Market, Free Your Mind

(Dado Ruvic/Reuters)
The connection between socialism and political coercion

The main question of capitalism-vs.-socialism isn’t efficiency, market incentives, or competition — it is: Who has the power?

Workers in the capitalist world sometimes feel powerless in comparison with their employers, but they have the power to exit that relationship and take a different job, as millions of workers do every year. But imagine if there were only one employer.

Leon Trotsky was in many ways a critic of the Soviet police state — whose leaders eventually had him murdered for that criticism — and one of his observations is of enduring interest at this moment in history: Under socialism, an

In This Issue

In Defense of Markets

Books, Arts & Manners

Sections

The Week

The Week

Until Biden’s poll numbers come down, we advise the women of Iowa and New Hampshire to keep their distance.

Recommended

The Latest