Enemy Of The State: Murray Rothbard

Episode 36 - History of Economic Thought - 2 of 6 - The Emergence of Communism - Murray N Rothbard

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Synopsis

Murray Rothbard died before he could write the third volume of his famous History of Economic Thought, which would cover the birth and development of the Austrian School, through the Keynesian Revolution and Chicago School. With this six-lecture course, however, the History of Economic Thought is complete. 2. The Emergence of Communism The roots of Marxism were in messianic communism. Marx’s devotion to communism was his crucial point. Violent, worldwide revolution, in Marx’s version made by the oppressed proletariat, would be the instrument of the advent of his millennium, communism. All visions of communism include certain features. Private property is eliminated, individualism goes by the board, individuality is flattened, all property is owned and controlled communally, and the individual units of the new collective organism are in some vague way equal to one another. Marx’s portrayal of raw communism is very like the monstrous regimes imposed by the coercive Anabaptists of the sixteenth century. Ma