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Jeff Deist: What Socialists got Wrong about Inequality

Jeff Deist talks about Part Six of the book “Human Action” by Ludwig von Mieses. Mises’s analysis of interventionism—or the so-called “third way” between capitalism and socialism.

Mises exposes how state intervention in the market economy makes us all poorer, even while it claims to act against poverty and inequality on behalf of social justice. That perverse “justice” takes the form of currency manipulation, confiscation of land and capital, protectionism for syndicates and unions.
Full video, licensed under creative common: https://www.youtube.com/watch?v=XW9uI_o1tzA


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Jeff Deist
Jeff Deist is president of the Mises Institute, where he serves as a writer, public speaker, and advocate for property, markets, and civil society. He previously worked as a longtime advisor and chief of staff to Congressman Ron Paul, for whom he wrote hundreds of articles and speeches. In his years with Dr. Paul he worked with countless grassroots activists and organizations dedicated to reducing the size and scope of government.
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