{
 "rec_id": "media-economic-policy-what-is-the-incentive-problem-under-socialism",
 "course": "economic-policy",
 "title": "What is the incentive problem under socialism?",
 "speaker": "Murray N. Rothbard",
 "source_file": "media/Economic Policy/What is the incentive problem under socialism_ Murray N Rothbard.mp3",
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 "language": "en",
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 "duration_s": 48.6,
 "generated": "2026-08-04T06:18:11Z",
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 "text": "Everybody realizes then and now, by the way, that socialism has an incentive problem. That's clear to everybody. In other words, even socialists will admit this. Yes, yes, we have an incentive problem. The incentive problem is summed up in the famous motto, under socialism, who will take out the garbage? You can't use economic incentive under socialism because either incomes are equal or else they're set by some government authority. The good communists get higher incomes. Whatever it is, it's certainly not set by marginal productivity. So who's going to go to Siberia and who's going to carry out the garbage? Well, the socialist traditional answer is, of course, moral incentive. In other words, people will, or the creation of the school, the new socialist man. Everybody will be molded by socialist government to become totally altruistic and love the collective and do everything for the collective. In other words, slave labor will carry out the garbage.",
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   "text": "Everybody realizes then and now, by the way, that socialism has an incentive problem.",
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   "text": "That's clear to everybody.",
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   "text": "In other words, even socialists will admit this.",
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   "text": "Yes, yes, we have an incentive problem.",
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   "text": "The incentive problem is summed up in the famous motto,",
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   "text": "under socialism, who will take out the garbage?",
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   "text": "You can't use economic incentive under socialism because either incomes are equal",
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   "text": "or else they're set by some government authority.",
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   "text": "The good communists get higher incomes.",
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   "text": "Whatever it is, it's certainly not set by marginal productivity.",
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   "text": "So who's going to go to Siberia and who's going to carry out the garbage?",
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   "text": "Well, the socialist traditional answer is, of course, moral incentive.",
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   "text": "In other words, people will, or the creation of the school, the new socialist man.",
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   "text": "Everybody will be molded by socialist government to become totally altruistic and love the collective and do everything for the collective.",
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   "text": "In other words, slave labor will carry out the garbage.",
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