The Property Instinct and the Utter Futility of Socialism

by Robert E. Wright
The American Institute for Economic Research

If you are like me, you regularly interact with people who remain unphased by America’s recent giant strides towards authoritarian socialism, of an economy run largely by, and for, state actors and their corporate minions. Those who bother to engage the problem at all eventually exclaim something like “Well, no society has ever tried ideal socialism,” by which they mean a system that truly redistributes wealth according to everyone’s needs.

A new book from Chapman University law and economics professor Bart Wilson entitled The Property Species nowhere mentions communism, Marx, or socialism but nevertheless provides a powerfully cogent explanation for why socialism, especially “ideal” socialism, can never work — it’s inhuman because it doesn’t account for humanity’s property instinct.

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