Mises Wire

New Names for Socialism

New Names for Socialism

Socialism in Latin America is now called "pragmatism," writes Colin McNickle in the Pittsburgh-Tribune Review in a column that borrows heavily from Mises. The hook here is the installation of Tabare Vazques as president of Uruguay. McNickle says old-fashioned anti-capitalism is the cultural force behind the rise of these types, but one wonders, too, whether and to what extent these populist-leftist governments in Latin America are riding the wave of a wholly justified resentment against American imperialism (trade hypocrisies, drug wars, policy impositions, political manipulations), which then gets all mixed up with socialist ideology. Certainly these silly overtures that these governments make to Castro can only serve a symbolic purpose of showing political independence from the US.

All Rights Reserved ©
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute