Under communism (socialism), there is no incentive to supply people with anything they need or want, including safety.
About this quote
- What does it mean?
- The speaker argues that communism provides no incentive for producers to supply needed goods, including safety.
- In plain terms
- Communism lacks incentives for making needed things, even safety.
- What can you take from it?
- Without incentives, essential goods may not be produced under communism.
Where it applies
Putting it to work
Questions to consider
- Are incentives the only way to ensure supply?
- How have different systems addressed this issue?
Another view
It overlooks alternative motivational structures used in various socialist experiments.
More from George Reisman
The slaves of socialism are slaves, but they are no one's property and therefore no one's loss.
Permalink to quote #5 Roy Cohn and Joe McCarthy will be redeemed when the people have taken back their government from the criminal alliance of Communists, Socialists, New Dealers a…
Permalink to quote #7 The truth is that economic competition is the very opposite of competition in the animal kingdom. It is not a competition in the grabbing off of scarce nature-…
Permalink to quote #4
Related quotes
Only liberals have trouble understanding that if you subsidize sloth and fertility, you get more; and if you penalize hard work and thrift, you get less.
Louis RukeyserLouis Rukeyser quote #3 Communism... is the genuine resolution of the antagonism between man and nature and between man and man; it is the true resolution of the conflict between exis…
Karl MarxKarl Marx quote #8 There remains the ordinary Communist solution. This has taken various forms; the simplest being a voluntary association of individuals based on the principle o…
Arnold ToynbeeArnold Toynbee quote #10