There is a significant and ongoing misinformed misunderstanding regarding the proper placement of Socialism, Communism, Fascism, Hitler, NAZIs, Stalin, Mao, Obama, Bush, Bachmann (and others) on the traditional and familiar Left-Right Wing political spectrum, especially in regards to how they relate to one another on that spectrum. This has been the subject of endless debate among LL members who enjoy political sparring.
The goal of this video is to end this debate once and for all, not by declaring a winner, but encouraging a new, simple, accurate method of viewing the political spectrum.
The familiar linear Left-Right political spectrum, as the video explains, is incapable of describing things accurately.So as you watch this, keep in mind that maybe no one was wrong and no one was right...it was the tool that was never meant to be able to explain these complex relationships.
Fortunately the video provides another simple spectrum to plot the entities and demonstrate their similarities, differences and relationships to one another far more accurately.
I have edited this video down from the 28 minute original which can be found at
A presentation by Walter Block explaining the differences and similarities between fascism and socialism. The senior and adjunct faculty of the Mises Institute discuss the history, theory, and contemporary meaning of the fascist temptation, and what the Austrian economists are doing to combat it. Mises Institute Supporters Summit 2005, October 7-8, Auburn, Alabama.
Walter Block, an Austrian school economist is Harold E. Wirth Eminent Scholar Chair in Economics and professor of economics at Loyola University New Orleans and senior fellow with the Ludwig von Mises Institute. He is the author of the books Defending the Undefendable; Labor Economics From A Free Market Perspective; Economics and the Environment: A Reconciliation, and his latest, The Privatization of Roads and Highways.
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