By Bryan Caplan
From the outset, many questioned the practicality of the socialists’ solution. After you equalize incomes, who will take out the garbage? Yet almost no one questioned the socialists’ idealism. By 1961, however, the descendents of the radical wing of the Social
Democratic Party had built the Berlin Wall–and were shooting anyone who tried to flee their “Workers’ Paradise.” A movement founded to liberate the worker turned its guns on the very people it vowed to save.
Who could have foreseen such a mythic transformation? Out of all the critics of socialism, one stands out as uniquely prescient: Eugen Richter.