@Brokeback:
I think we need to discuss Marxism and be more specific about what you do or don't know about him. Because I think a lot of this is gut reaction to what we've been indoctrinated by our government to believe.
How about this: let's go to marxists.org, and reference the copy of the Communist Manefesto in PDF. Here is the link. Now I trust this is a reliable source, independent from the government's propaganda, correct?
Under the section "A Communist Confession of Faith" it states:
Question 1: Are you a Communist? Answer: Yes.
Question 2: What is the aim of the Communists?
Answer: To organise society in such a way that every member of it can develop and use all his capabilities and powers in complete freedom and without thereby infringing the basic conditions of this society.
Question 3: How do you wish to achieve this aim?
Answer: By the elimination of private property and its replacement by community of property.
Did you catch that last part? As soon as you posit the elimination of private property, the game is over. Your economy from that point forward is doomed. You can argue all you want about rights, fairness, equality, etc.. None of it matters. We can talk about incentives and how communists, real communists, won't let incentives stand in the way of a good society, but it doesn't matter. You can say all you want that real communism hasn't been tried, and if we just could try the real one, the good one, then it would all work out. It doesn't matter. Any economy, any permutation of central planning that you can ever imagine or try, if private property is eliminated, will fail.
Please go back to page 2 of this thread and watch the video I posted by Dr. Joe Salerno. It is a lecture about Mises' paper on socialism from the early 1900s.
MMM