• Card 12 / 19: Contrast the very worst that a capitalist "tyrant" can do to you (as a malcontented worker or an obnoxious customer) versus what a socialist tyrant can do to you.

    Answer:
    A capitalist boss can at worst fire a worker or refuse to sell to a customer. In contrast, the socialist ruler can assign an enemy to grueling work in Siberia (or its equivalent), deny educational opportunities to his children, provide inadequate health care, etc. Sample Partial Credit Answer A capitalist boss can fire you, that's really it.

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Socialism: The Command Economy

Access: Public Peer Review

Attribution:  Dr. Robert P. Murphy, Lessons for the Young Economist. (Mises Institute), http://mises.org/document/6215/Lessons-for-the-Young-Economist (Accessed 04 April, 2014). License: Creative Commons BY
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