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First published 2018

Social Democracy

Social Democracy by Hans-Hermann Hoppe is available as a free PDF download at freecapitalists.org, licensed under Creative Commons Attribution-NonCommercial-NoDerivatives 4.0.

Author
Hans-Hermann Hoppe
First published
2018
Format
PDF
Pages
40
Publisher
Mises Institute
License
Creative Commons Attribution-NonCommercial-NoDerivatives 4.0

The state & socialism

Much more so than any theoretical argument, it has been the disappointing experience with Russian-type socialism which has led to a constant decline in the popularity of orthodox Marxist socialism and has spurred the emergence and development of modern social-democratic socialism. Both types of socialism, to be sure, derive from the same ideological sources. Both are egalitarian in motivation, at least in theory, and both have essentially the same ultimate goal: the abolishment of capitalism as a social system based on private ownership and the establishment of a new society, characterized by brotherly solidarity and the eradication of scarcity; a society in which everyone is paid “according to his needs.” From the very beginnings of the socialist movement in the mid-nineteenth century, though, there have been conflicting ideas on the methods best suited for achieving these goals. While generally there was agreement on the necessity of socializing the means of production, there were always diverging opinions on how to proceed. On the one hand, within the socialist movement there were the advocates of a revolutionary course of action. They propagated the violent overthrow of the existing governments, the complete expropriation of all capitalists in one stroke, and the temporary (i.e., until scarcity would indeed, as promised, be eradicated) dictatorship of the proletariat, i.e., of those who were not capitalists but who had to sell their labor services, in order to stabilize the new order. On the other hand there were the reformists who advocated a gradualist approach. They reasoned that with the enlargement of the franchise, and ultimately with a system of universal suffrage, socialism’s victory could be attained through democratic, parliamentary action.

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Who wrote Social Democracy?
Hans-Hermann Hoppe (born 1949) is a German-American economist and philosopher who completed his dissertation under Jürgen Habermas before moving to the United States and studying under Murray Rothbard, whose chair at the University of Nevada, Las Vegas he… This archive holds 19 of Hoppe's works.
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About the author

Hans-Hermann Hoppe b. 1949

Hans-Hermann Hoppe (born 1949) is a German-American economist and philosopher who completed his dissertation under Jürgen Habermas before moving to the United States and studying under Murray Rothbard, whose chair at the University of… Read more about Hans-Hermann Hoppe.

In the lecture archive

Lectures that discuss Social Democracy

Recorded talks in this archive that name this book, each linked to the moment it comes up:

  • Introduction to "The Ethics of Liberty," continued

    Hans-Hermann Hoppe · The Ethics of Liberty

    No one but his teacher, Mises, had given a more accurate account of the economic inefficiencies of Socialism and Social Democracy than Rothbard, and no one had explained more clearly the moral hazards and perversions created by socialism and social …

    Hear it at 27:15

  • Democracy: The God that Failed

    Hans-Hermann Hoppe · The Twentieth Century: An Austrian Critique

    … the decline of liberalism, classical liberalism, and the dominance of anti-capitalist Political Ideologies in the 20th Century of Socialism, Social Democracy, Democratic Capitalism, Social Market Economics or whatever other term people have come up with to define socialism, that all …

    Hear it at 8:47

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