Anti-socialist in the context of "Economic equilibrium"

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⭐ Core Definition: Anti-socialist

Criticism of socialism is any critique of socialist economics and socialist models of organization and their feasibility, as well as the political and social implications of adopting such a system. Some critiques are not necessarily directed toward socialism as a system but rather toward the socialist movement, parties, or existing states. Some critics consider socialism to be a purely theoretical concept that should be criticized on theoretical grounds, such as in the economic calculation problem and the socialist calculation debate, while others hold that certain historical examples exist and that they can be criticized on practical grounds. Because there are many types of socialism, most critiques are focused on a specific type of socialism, that of the command economy and the experience of Soviet-type economies that may not apply to all forms of socialism. Different models of socialism conflict with each other over questions of property ownership, economic coordination and how socialism is to be achieved. Critics of specific models of socialism might be advocates of a different type of socialism.

According to the Austrian School economist Ludwig von Mises, an economic system (specifically centralized economic planning) that does not use money, financial calculation, and market pricing would be unable to effectively value capital goods and coordinate production, and therefore in his view socialism is impossible because it lacks the necessary information to perform economic calculation in the first place. Another central argument leveled against socialist systems based on economic planning is based on the use of dispersed knowledge. Socialism is unfeasible in this view because information cannot be aggregated by a central body and effectively used to formulate a plan for an entire economy, because doing so would result in distorted or absent price signals; this is known as the economic calculation problem. Other economists criticize models of socialism based on neoclassical economics for their reliance on the faulty and unrealistic assumptions of economic equilibrium and Pareto efficiency.

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Anti-socialist in the context of Western Bloc

The Western Bloc, also known as the Capitalist Bloc, the Freedom Bloc, the Free Bloc, and the American Bloc, was an unofficial coalition of countries that were officially allied with the United States during the Cold War (1947–1991). While the NATO member states, in Western Europe and Northern America, were pivotal to the bloc, it included many other countries, in the broader Asia-Pacific region, the Middle East, Latin America, and Africa with histories of anti-Soviet, anti-communist and, in some cases anti-socialist, ideologies and policies.

As such, the bloc was opposed to the political systems and foreign policies of communist countries, which were centered on the Soviet Union, other members of the Warsaw Pact, and usually the People's Republic of China. The name "Western Bloc" emerged in response to and as the antithesis of its communist counterpart, the Eastern Bloc. Throughout the Cold War, the governments and the Western media were more inclined to refer to themselves as the "Free World" or the "First World", whereas the Eastern bloc was often referred to as the "Communist World" or less commonly the "Second World".

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Anti-socialist in the context of New Order (Indonesia)

The New Order (Indonesian: Orde Baru, abbreviated Orba) was the regime of the second Indonesian President Suharto from his rise to power in 1966 until his resignation in 1998. Suharto coined the term upon his accession and used it to contrast his presidency with that of his predecessor Sukarno (retroactively dubbed the "Old Order" or Orde Lama).

Immediately following the attempted coup in 1965, the political situation was uncertain, and Suharto's New Order found much popular support from groups wanting a separation from Indonesia's problems since its independence. The 'generation of 66' (Angkatan 66) epitomised talk of a new group of young leaders and new intellectual thought. Following Indonesia's communal and political conflicts, and its economic collapse and social breakdown of the late 1950s through to the mid-1960s, the "New Order" was committed to achieving and maintaining political order, economic development, and the removal of mass participation in the political process. The features of the "New Order" established from the late 1960s were thus a strong political role for the military, the bureaucratisation and corporatisation of political and societal organisations, and selective but brutal repression of opponents. Strident anti-communist, anti-socialist, and anti-Islamist doctrine remained a hallmark of the presidency for its subsequent 30 years.

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Anti-socialist in the context of Othmar Spann

Othmar Spann (1 October 1878 – 8 July 1950) was a conservative Austrian philosopher, sociologist and economist. His radical anti-liberal and anti-socialist views, based on early 19th century Romantic ideas expressed by Adam Müller et al. and popularized in his books and lecture courses, helped antagonise political factions in Austria during the interwar years.

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