November 6, 2021
Yuri Nicholas Maltsev is an Austrian school economist and economic historian from Tatarstan. He earned his BA and MA degrees from Moscow State University and PhD in labor economics at the Institute of Labor Research in Moscow. Before defecting to the United States in 1989, he was a member of a senior Soviet economics team that worked on President Gorbachev’s reforms package of perestroika. He is currently professor of economics at Carthage College in Kenosha, Wisconsin. He has appeared on CNN, PBS NewsHour, Fox News, CBC, and Financial Network News across American, Canadian, and European television. He is the editor of Requiem for Marx (1993) and coauthor of The Tea Party and the American Counter-revolution (2012) and The Tea Party Explained: From Crisis to Crusade (2013). He is a Senior Fellow of the Mises Institute.
Jeff Deist: We’re speaking in mid-September, and President Biden just announced executive orders mandating vaccines for many employers. As a former Soviet citizen, what do you make of this?
Yuri Maltsev: That’s awful. In the United States, fascism comes in the very strange form of an elderly dementia patient. Usually fascists are charismatic leaders, look at Hitler or Mussolini, but this one, what he’s doing is just unbelievable. He is a socialist, definitely, that he is mandating the private sector what they should do, what they shouldn’t do. Karl Marx in the manifesto of the communist party, he defined socialism and communism as abolition of private property and that private property can be abolished overnight, like what happened during the Bolshevik Revolution in Russia. But it can also take a gradual kind of process and that’s what is happening right now in the United States. Private property is becoming like having a title to wetlands. You have private property, but you cannot do anything with it.