The "What is Money?" Show cover image

The Psychology of Property | The Stephan Kinsella Series | Episode 4 (WiM235)

The "What is Money?" Show

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The Difference Between Private and Public Ownership

Stefan Cansella: We're going to go further into Hoppe's excellent work, A Theory of Socialism and Capitalism. He says the difference between a private property economy and a socialized one is only how those will prevail. In capitalism, there must be somebody who controls and others who do not - hence real differences among people exist. And in socialism, too, real differences between controllers and non-controllers must of necessity exist.

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