Collectivism

Abstract

State planning of the national economy, an economy without entrepreneurs, can succeed when it corresponds with the needs and material resources of the country. Even when sacrifices are demanded and privations involved, such a system can be successful if it can manage to arouse people’s enthusiasm, but on that basis it is none too durable. Enthusiasm never lasts long. There are few people disposed to work for the future and to devote themselves to a common cause, sacrificing their interests in the present. There are also few people able to understand an over complicated program involving various reorganizations and constructions undertaken in the name of an abstract idea such as’ socialism’ or ‘communism’.