Question

What is one of the great historical ironies about the socialist attempts to abolish private property...

What is one of the great historical ironies about the socialist attempts to abolish private property and outlaw all market activity?

A. Illegal markets in just about everything emerge spontaneously as people end up buying and selling anything they can in order to survive, which socialist policies specifically attempt to prevent.

B. In many ways, Mao and Stalin were actually rivals among communist countries in the world; one would think that they should have been natural allies.

C. Food and other goods were plentiful; shortages began only when international capitalist interests began intervening in those countries.

D. People could have personal items, but they couldn't own their houses.

Homework Answers

Answer #1

A. Illegal markets in just about everything emerge spontaneously as people end up buying and selling anything they can in order to survive, which socialist policies specifically attempt to prevent

Illegal markets in just about everything emerge spontaneously as people end up buying and selling anything they can in order to survive, which socialist policies. Without actual market prices for capital goods and natural resources, socialist started buying and selling goods in the illegal market. Capitalists will inevitably attempt to sabotage socialists' successful attempts of these illegal markets.

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