Erik von Kuehnelt-Leddihn on socialism vs. capitalism

Socialism... has always been a "clear, but false idea."  A free market economy, on the other hand, is far more complex and cannot be explained in a nutshell.  In the political arena it competes poorly with the notion of collective ownership and central planning —until the latter’s bankruptcy is proved in practice.

~ Erik von Kuehnelt-Leddihn, "Portrait of an Evil Man: Karl Marx," The Freeman, September 1973, pp. 657-665