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The essential characteristic of socialism is the denial of individual property rights; under socialism, the right to property (which is the right of use and disposal) is vested in “society as a whole,” i.e., in the collective, with production and distribution controlled by the state, i.e., by the government.

Socialism may be established by force, as in the Union of Soviet Socialist Republics—or by vote, as in Nazi (National Socialist) Germany. The degree of socialization may be total, as in Russia—or partial, as in England. Theoretically, the differences are superficial; practically, they are only a matter of time. The basic principle, in all cases, is the same.

The alleged goals of socialism were: the abolition of poverty, the achievement of general prosperity, progress, peace and human brotherhood. The results have been a terrifying failure—terrifying, that is, if one’s motive is men’s welfare.

Instead of prosperity, socialism has brought economic paralysis and/or collapse to every country that tried it. The degree of socialization has been the degree of disaster. The consequences have varied accordingly.

In more fully socialized countries, famine was the start, the insignia announcing socialist rule—as in Soviet Russia, as in Red China, as in Cuba. In those countries, socialism reduced the people to the unspeakable poverty of the pre-industrial ages, to literal starvation, and has kept them on a stagnant level of misery.

No, it is not “just temporary,” as socialism’s apologists have been saying—for half a century. After forty-five years of government planning, Russia is still unable to solve the problem of feeding her population.

As far as superior productivity and speed of economic progress are concerned, the question of any comparisons between capitalism and socialism has been answered once and for all—for any honest person—by the present difference between West and East Berlin.

Instead of peace, socialism has introduced a new kind of gruesome lunacy into international relations—the “cold war,” which is a state of chronic war with undeclared periods of peace between wantonly sudden invasions—with Russia seizing one-third of the globe, with socialist tribes and nations at one another’s throats, with socialist India invading Goa, and communist China invading socialist India.

An eloquent sign of the moral corruption of our age is the callous complacency with which most of the socialists and their sympathizers, the “liberals,” regard the atrocities perpetrated in socialistic countries and accept rule by terror as a way of life—while posturing as advocates of “human brotherhood.” . . .

In the name of “humanity,” they condone and accept the following: the abolition of all freedom and all rights, the expropriation of all property, executions without trial, torture chambers, slave-labor camps, the mass slaughter of countless millions in Soviet Russia—and the bloody horror of East Berlin, including the bullet-riddled bodies of fleeing children.

When one observes the nightmare of the desperate efforts made by hundreds of thousands of people struggling to escape from the socialized countries of Europe, to escape over barbed-wire fences, under machine-gun fire—one can no longer believe that socialism, in any of its forms, is motivated by benevolence and by the desire to achieve men’s welfare.

No man of authentic benevolence could evade or ignore so great a horror on so vast a scale.

Copyright © 1986 by Harry Binswanger. Introduction copyright © 1986 by Leonard Peikoff. All rights reserved. For information address New American Library.

Acknowledgments

Excerpts from The Ominous Parallels, by Leonard Peikoff. Copyright © 1982 by Leonard Peikoff. Reprinted with permission of Stein and Day Publishers. Excerpts from The Romantic Manifesto, by Ayn Rand. Copyright © 1971, by The Objectivist. Reprinted with permission of Harper & Row, Publishers, Inc. Excerpts from Atlas Shrugged, copyright © 1957 by Ayn Rand, The Fountainhead, copyright © 1943 by Ayn Rand, and For the New Intellectual, copyright © 1961 by Ayn Rand. Reprinted by permission of the Estate of Ayn Rand. Excerpts from Philosophy: Who Needs It, by Ayn Rand. Copyright © 1982 by Leonard Peikoff, Executor, Estate of Ayn Rand. Reprinted by permission of the Estate of Ayn Rand. Excerpts from “The Philosophy of Objectivism” lecture series. Copyright © 1976 by Leonard Peikoff. Reprinted by permission. Excerpts from Alvin Toffler’s interview with Ayn Rand, which first appeared in Playboy magazine. Copyright © 1964. Reprinted by permission of Alvin Toffler. All rights reserved including the right of reproduction in whole or in part in any form. Used by arrangement with Plume, a member of Penguin Group (USA), Inc.